sing the following accounts and balances, prepare the “Stockholders’ Equity” section of the balance sheet. 100,000 shares of common stock authorized, and 1,000 shares have been reacquired. Common Stock, $70 par $4,900,000 Paid-In Capital from Sale of Treasury Stock 294,000 Paid-In Capital in Excess of Par—Common Stock 1,750,000 Retained Earnings 2,254,000 Treasury Stock 138,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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sing the following accounts and balances, prepare the “Stockholders’ Equity” section of the balance sheet. 100,000 shares of common stock authorized, and 1,000 shares have been reacquired.
Common Stock, $70 par
$4,900,000
Paid-In Capital from Sale of Treasury Stock
294,000
Paid-In Capital in Excess of Par—Common Stock
1,750,000
Retained Earnings
2,254,000
Treasury Stock
138,000



Balance Sheet
Stockholders' Equity


Paid-in capital:

 


$
fill in the blank 2

 

 


fill in the blank 4


Paid-in capital, common stock

$
fill in the blank 5

 

 

fill in the blank 7

Total paid-in capital

$
fill in the blank 8

 

 

 

Total

$

Total stockholders' equity

$

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