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The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Sheffield Corporation at December 31, 2020. $1,376,000 280,000 918,000 Common Stock ($4 stated
The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Sheffield Corporation at December 31, 2020. $1,376,000 280,000 918,000 Common Stock ($4 stated value) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $103 par) Retained Earnings Treasury Stock (11,500 common shares) 520,150 1,200,000 138,000 Prepare the stockholders' equity section of the balance sheet at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question.) SHEFFIELD CORPORATION Partial Balance Sheet
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