The stockholders' equity accounts of Cheyenne Corp. on January 1, 2025, were as follows. Preferred Stock (7%, $100 par noncumulative, 6,500 shares authorized) Common Stock ($4 stated value, 390,000 shares authorized) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (6,500 common shares) $390,000 1,300,000 19,500 624,000 894,400 52,000 During 2025, the corporation had the following transactions and events pertaining to its stockholders' equity.
The stockholders' equity accounts of Cheyenne Corp. on January 1, 2025, were as follows. Preferred Stock (7%, $100 par noncumulative, 6,500 shares authorized) Common Stock ($4 stated value, 390,000 shares authorized) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (6,500 common shares) $390,000 1,300,000 19,500 624,000 894,400 52,000 During 2025, the corporation had the following transactions and events pertaining to its stockholders' equity.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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