Reference no: EM132554157
Question - The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017.
Common Stock ($5 stated value) $1,700,000
Paid-in Capital in Excess of Par-Preferred Stock 282,000
Paid-in Capital in Excess of Stated Value-Common Stock 939,000
Preferred Stock (8%, $101 par) 484,800
Retained Earnings 1,020,000
Treasury Stock (11,500 common shares) 138,000
Required - Prepare the stockholders' equity section of the balance sheet at December 31, 2017.