Ayayai Corporation has the following accounts at December 31: Common Stock, $8 par, 4,500 shares issued, $36,000; Paid-in Capital in Excess of Par-Common Stock $31,000; Retained Earnings $46,000; and Treasury Stock, 400 shares, $8,000. Prepare the stockholders' equity section of the balance sheet. (Enter the account name only and do not provide the descriptive information provided in the question.) AYAYAI CORPORATION Balance Sheet (Partial)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ayayai Corporation has the following accounts at December 31: Common Stock, $8 par, 4,500 shares issued, $36,000; Paid-in Capital
in Excess of Par-Common Stock $31,000; Retained Earnings $46,000; and Treasury Stock, 400 shares, $8,000.
Prepare the stockholders' equity section of the balance sheet. (Enter the account name only and do not provide the descriptive information
provided in the question.)
AYAYAI CORPORATION
Balance Sheet (Partial)
$
69
Transcribed Image Text:Ayayai Corporation has the following accounts at December 31: Common Stock, $8 par, 4,500 shares issued, $36,000; Paid-in Capital in Excess of Par-Common Stock $31,000; Retained Earnings $46,000; and Treasury Stock, 400 shares, $8,000. Prepare the stockholders' equity section of the balance sheet. (Enter the account name only and do not provide the descriptive information provided in the question.) AYAYAI CORPORATION Balance Sheet (Partial) $ 69
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