The following stockholders' equity accounts arranged alphabetically are in the ledger of Concord Corporation at December 31, 2022. Common Stock ($7 stated value) Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $55 par) Retained Earnings Treasury Stock (10,000 common shares) + Prepare a stockholders' equity section at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question.) + ÷ + $2,793,000 11,000 675,000 159,000 880,000 + 1,748,000 130,000 CONCORD CORPORATION Balance Sheet (Partial)
The following stockholders' equity accounts arranged alphabetically are in the ledger of Concord Corporation at December 31, 2022. Common Stock ($7 stated value) Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $55 par) Retained Earnings Treasury Stock (10,000 common shares) + Prepare a stockholders' equity section at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question.) + ÷ + $2,793,000 11,000 675,000 159,000 880,000 + 1,748,000 130,000 CONCORD CORPORATION Balance Sheet (Partial)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following stockholders' equity accounts arranged alphabetically are in the ledger of Concord Corporation at
December 31, 2022.
Common Stock ($7 stated value)
Paid-in Capital from Treasury Stock
Paid-in Capital in Excess of Par-Preferred Stock
Paid-in Capital in Excess of Stated Value-Common Stock
Preferred Stock (8%, $55 par)
Retained Earnings
Treasury Stock (10,000 common shares)
4:
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Prepare a stockholders' equity section at December 31, 2022. (Enter the account name only and do not
provide the descriptive information provided in the question.)
+
$2,793,000
◆
11,000
675,000
159,000
880,000
1,748,000
130,000
CONCORD CORPORATION
Balance Sheet (Partial)
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