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Prepare the stockholders equity section of the balance sheet

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Question - The following stockholders' equity accounts, arranged alphatbetically, are in the ledger of Eudaley Corporation at December 31 2017.

Common stock ($5 stated value) $1,500,000

Paid in Capital in Excess of Par - Preferred Stock 280,000

Paid in Capital in Excess of Stated Value - Common Stock 900,000

Preferred Stock (8%, $100 par) 500,000

Retained earnings 1,234,000

Treasury Stock (10,000 common shares) 120,000

Prepare the stockholders' equity section of the balance sheet at Dec 31 2017.

Reference no: EM132600271

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