Prepare stockholders equity section of the balance sheet

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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, 2014. Retained earnings $40,000 Preferred stock 8,333 Common stock—$12/3 par value, authorized 6,000,000,000 shares; issued 5,245,971,422 shares 8,618 Treasury stock—67,346,829 common shares (2,430 ) Paid-in capital in excess of par value—common stock 52,526 Prepare the stockholders’ equity section of the balance sheet for Wells Fargo as of December 31, 2014. WELLS FARGO & COMPANY Partial Balance Sheet December 31, 2014 (in millions)

Reference no: EM13911291

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