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The following stockholders' equity accounts, arranged alphatbetically, are in the ledger of Eudaley Corporation at December 31 2017. Common stock ($5 stated value) $1,500,000 Paid
The following stockholders' equity accounts, arranged alphatbetically, are in the ledger of Eudaley Corporation at December 31 2017.
Common stock ($5 stated value) $1,500,000
Paid in Capital in Excess of Par - Preferred Stock 280,000
Paid in Capital in Excess of Stated Value - Common Stock 900,000
Preferred Stock (8%, $100 par) 500,000
Retained earnings 1,234,000
Treasury Stock (10,000 common shares) 120,000
Prepare the stockholders' equity section of the balance sheet at Dec 31 2017
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