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The following stockholders equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017. Common Stock ($4 stated value) $1,376,000 Paid-in
The following stockholders equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017.
Common Stock ($4 stated value) | $1,376,000 | |
Paid-in Capital in Excess of ParPreferred Stock | 280,000 | |
Paid-in Capital in Excess of Stated ValueCommon Stock | 918,000 | |
Preferred Stock (8%, $103 par) | 520,150 | |
Retained Earnings | 1,200,000 | |
Treasury Stock (11,500 common shares) | 138,000 |
Prepare the stockholders equity section of the balance sheet at December 31, 2017.
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