Balance sheet immediately after these transactions

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Reference no: EM131207050

Goldman Inc. was organized on June 1, 2014. It was authorized to issue 440,000 shares of $8 par common stock and 30,000 shares of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $25 per share. The following stock transactions pertain to Goldman Inc.: 1. Issued 18,000 shares of common stock for $12 per share. 2. Issued 6,000 shares of the class A preferred stock for $27 per share. 3. Issued 52,000 shares of common stock for $16 per share.

Prepare the stockholders’ equity section of the balance sheet immediately after these transactions have been recognized.

Reference no: EM131207050

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