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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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sing the following accounts and balances, prepare the “
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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