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Using the following accounts and balances prepare the stockholders equity section of the balance sheet Using the following accounts and balances, prepare the Stockholders' equity

Using the following accounts and balances prepare the stockholders equity section of the balance sheet

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Using the following accounts and balances, prepare the Stockholders' equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 5,000 shares have been reacquired. Common Stock, $70 par $2,300,000 Paid-In Capital in Excess of Par 200,000 Paid in Capital from Sale of Treasury Stock 6,070 Retained Earnings 172,000 Treasury Stock 4 ,570 Stockholders' Equity PaidJn capital All wn rk saved

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