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The following stockholders' equity accounts, arranged alphabetically.are in the ledger of Swifty Corporation at December 31, 2025. Common Stock ($2 stated value) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (5%, $100 par, noncumulative) Retained Earnings Treasury Stock (22,200 common shares) $2,960,000 83,250 1,942,500 1,110,000 2,467,900 133,200 Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) SWIFTY CORPORATION Partial Balance Sheet $ 9 F

The following stockholders' equity accounts, arranged alphabetically.are in the ledger of Swifty Corporation at December 31, 2025. Common Stock ($2 stated value) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (5%, $100 par, noncumulative) Retained Earnings Treasury Stock (22,200 common shares) $2,960,000 83,250 1,942,500 1,110,000 2,467,900 133,200 Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) SWIFTY CORPORATION Partial Balance Sheet $ 9 F

FINANCIAL ACCOUNTING
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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The following stockholders equity accounts, arranged alphabetically.are in the ledger of Swifty Corporation at December 31, 2025. Common Stock ($2 stated value) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (5%, $100 par, noncumulative) Retained Earnings Treasury Stock (22,200 common shares) $2,960,000 83,250 1,942,500 1,110,000 2,467,900 133,200 Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) SWIFTY CORPORATION Partial Balance Sheet $ 9 F
Transcribed Image Text:The following stockholders equity accounts, arranged alphabetically.are in the ledger of Swifty Corporation at December 31, 2025. Common Stock ($2 stated value) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (5%, $100 par, noncumulative) Retained Earnings Treasury Stock (22,200 common shares) $2,960,000 83,250 1,942,500 1,110,000 2,467,900 133,200 Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) SWIFTY CORPORATION Partial Balance Sheet $ 9 F
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