Trane Corporation has the following stockholders' equity accounts: Preferred Stock, Paid-in Capital in Excess of Par-Preferred Stock, Common Stock, Paid-in Capital in Excess of Stated Value-Common Stock, Paid-in Capital from Treasury Stock-Common, Retained Earnings, and Treasury Stock-Common. Classify each account using 'x' mark from the following table headings. Paid-in Capital Account Capital Stock Additional Retained Earnings Other Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock

Trane Corporation has the following stockholders' equity accounts: Preferred Stock, Paid-in Capital in Excess of Par-Preferred Stock, Common Stock, Paid-in Capital in Excess of Stated Value-Common Stock, Paid-in Capital from Treasury Stock-Common, Retained Earnings, and Treasury Stock-Common. Classify each account using 'x' mark from the following table headings. Paid-in Capital Account Capital Stock Additional Retained Earnings Other Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Common Stock Paid-in Capital in Excess of Stated Value-Common Stock

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 15MC: Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and...

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