Solution-Prepare stockholders equity section of the balance

Prepare stockholders equity section of the balance sheet

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Reference no: EM13526623

Wells Fargo & Company, headquartered in San Francisco, is one of the nation"s largest financial institutions. It reported the following selected accounts (in millions) as of December 31, 2009.

Retained earnings	$41,563
Preferred stock	8,485
Common stock-$123
par value, authorized 6,000,000,000 shares;
issued 5,245,971,422 shares	8,743
Treasury stock-67,346,829 shares	(2,450)
Additional paid-in capital-common stock	52,878

Instructions

Prepare the stockholders" equity section of the balance sheet for Wells Fargo as of December 31, 2009.

Reference no: EM13526623

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Prepare stockholders equity section of the balance sheet

Reference no: EM13526623

Reference no: EM13526623

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