Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2022. Retained Earnings Preferred Stock Common Stock-$12/3 par value, authorized 6,000,000,000 shares; issued 5,349,000,000 shares Treasury Stock-67,346,829 common shares Paid-in Capital in Excess of Par Value-Common Stock Accumulated Other Comprehensive Income $41,300 8,650 8,915 (2,430) 53,300 8,265 Pronare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2022. (Enter account name only
Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2022. Retained Earnings Preferred Stock Common Stock-$12/3 par value, authorized 6,000,000,000 shares; issued 5,349,000,000 shares Treasury Stock-67,346,829 common shares Paid-in Capital in Excess of Par Value-Common Stock Accumulated Other Comprehensive Income $41,300 8,650 8,915 (2,430) 53,300 8,265 Pronare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2022. (Enter account name only
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the
following selected accounts (in millions) as of December 31, 2022.
Retained Earnings
Preferred Stock
Common Stock-$12/3 par value, authorized 6,000,000,000 shares; issued 5,349,000,000 shares
Treasury Stock-67,346,829 common shares
Paid-in Capital in Excess of Par Value-Common Stock
Accumulated Other Comprehensive Income
$41,300
8,650
WELLS FARGO & COMPANY
Partial Balance Sheet
(in millions)
8,915
(2,430)
53,300
8,265
Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2022. (Enter account name only
and do not provide descriptive information.)
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