Reference no: EM133004353
Retained earnings $ 40,900
Preferred stock 8,450
Common stock-$1 2/3 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares 8,695
Treasury stock-67,346,829 common shares ( 2,390 )
Paid-in capital in excess of par value-common stock 52,900
Accumulated Other Comprehensive Income 8,245
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, 2017.
Problem 1: Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2017.
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