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Prepare the stockholders equity section of the balance sheet

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Question - Reporting Stockholders' Equity - Using the following accounts and balances, prepare the "Stockholders' Equity" section of the balance sheet. 30,000 shares of common stock authorized, and 4,000 shares have been reacquired.

Common Stock, $40 par $960,000

Paid-In Capital from Sale of Treasury Stock 29,000

Paid-In Capital in Excess of Par-Common Stock 216,000

Retained Earnings 499,000

Treasury Stock 20,000

Reference no: EM133091903

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