Ledger of heart and saul inc

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Reference no: EM13257766

The following accounts and their balances appear in the ledger of Heart and Saul Inc. on April 30 of the current year:

Common Stock, $50par 900,000

Paid-In Capital in Excess ofPar 110,000

Paid-In Capital from Sale of TreasuryStock 42,000

RetainedEarnings 3,178,000

TreasuryStock 210,000

Prepare the Stockholders' Equity section of the balance sheet as of April 30. Twenty-five thousand shares of common stock are authorized, and 3,500 shares have been reacquired.

Reference no: EM13257766

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