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Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in
Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2022. Retained Earnings Preferred Stock $41,563 8,485 Common Stock-$12/3 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares 8,743 Treasury Stock-67,346,829 common shares Paid-in Capital in Excess of Par Value-Common Stock Accumulated Other Comprehensive Income (2,450 ) 52,878 8,327 Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2022. (Enter account name only and do not provide descriptive information.) Stockholders' Equity Paid-in Capital Preferred Stock WELLS FARGO & COMPANY Partial Balance Sheet December 31, 2022 (in millions) +A 8485 Less > Treasury Stock Total Stockholders' Equity > +A 24 LA $ 1092
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