Martinez Company's December 31, 2025, trial balance includes the following accounts: Investment in Common Stock $74,700, Retained Earnings $118,000, Trademarks $32,500, Preferred Stock $158,300, Common Stock $64,500, Deferred Income Taxes $91,700, and Paid-in Capital in Excess of Par-Common Stock $177,500. Prepare the stockholders' equity section of the balance sheet. MARTINEZ COMPANY Balance Sheet (Partial) December 31, 2025 Property, Plant, and Equipment $ $ LA
Martinez Company's December 31, 2025, trial balance includes the following accounts: Investment in Common Stock $74,700, Retained Earnings $118,000, Trademarks $32,500, Preferred Stock $158,300, Common Stock $64,500, Deferred Income Taxes $91,700, and Paid-in Capital in Excess of Par-Common Stock $177,500. Prepare the stockholders' equity section of the balance sheet. MARTINEZ COMPANY Balance Sheet (Partial) December 31, 2025 Property, Plant, and Equipment $ $ LA
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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subject ; account

Transcribed Image Text:Martinez Company's December 31, 2025, trial balance includes the following accounts: Investment in
Common Stock $74,700, Retained Earnings $118,000, Trademarks $32,500, Preferred Stock $158,300,
Common Stock $64,500, Deferred Income Taxes $91,700, and Paid-in Capital in Excess of Par-Common
Stock $177,500.
Prepare the stockholders' equity section of the balance sheet.
MARTINEZ COMPANY
Balance Sheet (Partial)
December 31, 2025
Property, Plant, and Equipment
$
$
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