sing the following accounts and balances, prepare the stockholders' equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 3,000 shares have been reacquired. Common Stock, $50 par $1,950,000 Paid-In Capital in Excess of Par 123,050 Paid-In Capital from Sale of Treasury Stock 6,050 Retained Earnings 162,000 Treasury Stock 4,550
sing the following accounts and balances, prepare the stockholders' equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 3,000 shares have been reacquired. Common Stock, $50 par $1,950,000 Paid-In Capital in Excess of Par 123,050 Paid-In Capital from Sale of Treasury Stock 6,050 Retained Earnings 162,000 Treasury Stock 4,550
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter20: Corporations: Organization And Capital Stock
Section: Chapter Questions
Problem 4CE: Prepare the stockholders equity section of the balance sheet based on the following account...
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Question
Using the following accounts and balances, prepare the
Common Stock, $50 par | $1,950,000 |
Paid-In Capital in Excess of Par | 123,050 |
Paid-In Capital from Sale of |
6,050 |
162,000 | |
Treasury Stock | 4,550 |
blankStockholders' Equityblank
Contributed capital: | ||
|
$- Select - | |
|
- Select - | |
Total contributed capital | $fill in the blank 5 | |
|
- Select - | |
Total | $fill in the blank 8 | |
|
- Select - | |
Total stockholders' equity | $fill in the blank 11 |
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