Concord Corporation has the following accounts at December 31: Common Stock, $11 par, 5,700 shares issued, $62,700; Paid- in Capital in Excess of Par-Common Stock $33,400; Retained Earnings $49,000; and Treasury Stock, 500 shares, $12,000. 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.) Stockholders' Equity Paid-in Capital CONCORD CORPORATION Balance Sheet (Partial) December 31

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Concord Corporation has the following accounts at December 31: Common Stock, $11 par, 5,700 shares issued, $62,700; Paid-
in Capital in Excess of Par-Common Stock $33,400; Retained Earnings $49,000; and Treasury Stock, 500 shares, $12,000.
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.)
Stockholders' Equity
Paid-in Capital
Capital Stock
Common Stock
Additional Paid-in Capital
CONCORD CORPORATION
Balance Sheet (Partial)
December 31
Paid-in Capital in Excess of Par-Common Stock
10
$
Concord Corporation has the following accounts at December 31: Common Stock, $11 par, 5,700 shares issued, $62,700;
Paid- in Capital in Excess of Par-Common Stock $33,400; Retained Earnings $49,000; and Treasury Stock, 500 shares,
$12,000. 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.)
Transcribed Image Text:Concord Corporation has the following accounts at December 31: Common Stock, $11 par, 5,700 shares issued, $62,700; Paid- in Capital in Excess of Par-Common Stock $33,400; Retained Earnings $49,000; and Treasury Stock, 500 shares, $12,000. 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.) Stockholders' Equity Paid-in Capital Capital Stock Common Stock Additional Paid-in Capital CONCORD CORPORATION Balance Sheet (Partial) December 31 Paid-in Capital in Excess of Par-Common Stock 10 $ Concord Corporation has the following accounts at December 31: Common Stock, $11 par, 5,700 shares issued, $62,700; Paid- in Capital in Excess of Par-Common Stock $33,400; Retained Earnings $49,000; and Treasury Stock, 500 shares, $12,000. 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.)
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