holders' equity and outstanding shares. Use these column headings: Before Action, After Stock Dividend, and After Stock Split. E11-8 Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2017. $41,563 8,485 Retained Earnings Preferred Stock Common Stock-$1 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares Treasury Stock-67,346,829 common shares Paid-in Capital in Excess of Par Value-Common Stock Accumulated Other Comprehensive Income 8,743 (2,450) 52,878 8,327 Instructions Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of Decen ber 31, 2017.

holders' equity and outstanding shares. Use these column headings: Before Action, After Stock Dividend, and After Stock Split. E11-8 Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2017. $41,563 8,485 Retained Earnings Preferred Stock Common Stock-$1 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares Treasury Stock-67,346,829 common shares Paid-in Capital in Excess of Par Value-Common Stock Accumulated Other Comprehensive Income 8,743 (2,450) 52,878 8,327 Instructions Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of Decen ber 31, 2017.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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