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Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 100,000 shares of common stock authorized, and 10,000 shares have
Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 100,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $50 par $4,000,000 Paid-In Capital from Sale of Treasury Stock 120,000 Paid-In Capital in Excess of ParCommon Stock 640,000 Retained Earnings 2,280,000 Treasury Stock 77,000 blank blank Balance Sheet Stockholders' Equity Paid-in capital: blank blank $Common Stock, $50 Par (100,000 Shares Authorized, 80,000 Shares Issued) Excess of Issue Price Over Par Paid-in capital, common stock $fill in the blank 5 From Sale of Treasury Stock Total paid-in capital $fill in the blank 8 Retained Earnings Total $fill in the blank 11 Treasury Stock Total stockho
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