Prepare the stockholders, Prepare the Stockholders' Equity

Prepare the stockholders

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Reference no: EM13944007

Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Hide Hint(s) Prepare the Stockholders' Equity section of the balance sheet as of June 30. 80,000 shares of common stock are authorized, and 9,000 shares have been reacquired. Goodale Properties Inc. Stockholders' Equity June 30, 20XX Paid-In Capital: Common Stock, $45 Par (80,000 Shares Authorized, 68,000 Shares Issued) $ 3060000.00 Excess of Issue Price Over Par 272000 $ From Sale of Treasury Stock 115000.00 Total Paid-In Capital $ 3447000 Retained Earnings 20553000.00 Total $ Deduct Treasury Stock (9,000 Shares at Cost) -324000.00 Total Stockholders' Equity $ 23676000.

Reference no: EM13944007

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