Prepare the stockholders' equity section of the balance sheet at the end of the current year. Assume that retained earnings at the end of the current year is $772,000. Stockholders' Equity Paid-in Capital Common Stock Paid-in Capital-Stock Warrants Paid-in Capital in Excess of Par - Common Stock Retained Earnings Total Stockholders' Equity WILDHORSE INC. Balance Sheet LA 1084400 13580 +A 772000

Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter13: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 22E
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Prepare the stockholders' equity section of the balance sheet at the end of the current year. Assume that retained earnings at the
end of the current year is $772,000.
Stockholders' Equity
Paid-in Capital
Common Stock
Paid-in Capital-Stock Warrants
Paid-in Capital in Excess of Par - Common Stock
Retained Earnings
Total Stockholders' Equity
WILDHORSE INC.
Balance Sheet
LA
1084400
13580
+A
772000
Transcribed Image Text:Prepare the stockholders' equity section of the balance sheet at the end of the current year. Assume that retained earnings at the end of the current year is $772,000. Stockholders' Equity Paid-in Capital Common Stock Paid-in Capital-Stock Warrants Paid-in Capital in Excess of Par - Common Stock Retained Earnings Total Stockholders' Equity WILDHORSE INC. Balance Sheet LA 1084400 13580 +A 772000
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