Stockholder's Equity: Paid - In Capital: Retaied Earnings: $250,000 Treasury Stock: 8000 shares @ $2 per share Preferred Stock 5%, $4 par (8000 shares authorized, 6000 isšued and oitstanding) Excess of issue price over par $24,000.00 $60.000.00 Paid in Capital - Preferred 11 Common Stock, $2 par (200,000 shares authorized, 125,000 issued) S৪4,000,00 $250,000.00 $1,250,000.00 12 13 Excess of issue price over par Paid - In Capital - Common Stock Total Paid - In Capital 16 Retained Earnings: 14 $1,500,000.00 $1,584,000.00 $250,000.00 15 17 Total $3,418,000.00 18 Treasury Stock (8000 shares at cost) 19 Total Stockholder's Equity $16,000.00 $3,402,000.00 20
Stockholder's Equity: Paid - In Capital: Retaied Earnings: $250,000 Treasury Stock: 8000 shares @ $2 per share Preferred Stock 5%, $4 par (8000 shares authorized, 6000 isšued and oitstanding) Excess of issue price over par $24,000.00 $60.000.00 Paid in Capital - Preferred 11 Common Stock, $2 par (200,000 shares authorized, 125,000 issued) S৪4,000,00 $250,000.00 $1,250,000.00 12 13 Excess of issue price over par Paid - In Capital - Common Stock Total Paid - In Capital 16 Retained Earnings: 14 $1,500,000.00 $1,584,000.00 $250,000.00 15 17 Total $3,418,000.00 18 Treasury Stock (8000 shares at cost) 19 Total Stockholder's Equity $16,000.00 $3,402,000.00 20
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.1C
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