Reference no: EM132462849
Problem - Given below is information for the Stockholder Equity section of Alpha Balance Sheet as of December 31, 2016
8% Preferred stock, $100 par value, 10,000 shares authorized, 5,000 shares issued and outstanding.
Common stock, no par, $2 stated value, 500,000 shares authorized, 204,000 shares issued and outstanding
Additional paid-in capital:
Preferred stock in excess of par value is $34,000
Common stock in excess of stated value is $437,000
Required - Prepare a Stockholders' section of Alpha classified balance sheet as of December 31, 2016. Note: Rows in table may be more than needed.
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