Question
Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 80,000 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. 80,000 shares of common stock authorized, and 10,000 shares have been reacquired. Common Stock, $50 par $3,200,000 Paid-In Capital from Sale of Treasury Stock 192,000 Paid-In Capital in Excess of ParCommon Stock 960,000 Retained Earnings 1,440,000 Treasury Stock 115,000 Balance Sheet Stockholders' Equity Paid-in capital: Common Stock, $50 Par (80,000 Shares Authorized, 64,000 Shares Issued) $fill in the blank 2 Excess of Issue Price Over Par fill in the blank 4 Paid-in capital, common stock $fill in the blank 5 From Sale of Treasury Stock fill in the blank 7 Total paid-in capital $fill in the blank 8 Retained Earnings fill in the blank 10 Total $fill in the blank 11 Treasury Stock fill in the blank 13 Total stockholders' equity $fill in the blank 14 Feedback
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