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The following stockholders equity accounts arranged alphabetically are in the ledger of Pronghorn Corporation at December 31, 2020. Common Stock ($6 stated value) $2,412,000 Paid-in
The following stockholders equity accounts arranged alphabetically are in the ledger of Pronghorn Corporation at December 31, 2020.
Common Stock ($6 stated value) | $2,412,000 | |
Paid-in Capital from Treasury Stock | 10,000 | |
Paid-in Capital in Excess of ParPreferred Stock | 660,000 | |
Paid-in Capital in Excess of Stated ValueCommon Stock | 1,590,000 | |
Preferred Stock (8%, $55 par) | 852,500 | |
Retained Earnings | 1,759,000 | |
Treasury Stock (10,500 common shares) | 136,500 |
Prepare a stockholders equity section at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.)
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