Reference no: EM131117867
The following select balances are indicated below:
PS, (PV = $100) $1,000,000
PIC in Excess of PV-PS, $900,000
CS, (PV = $1) $2,000,000
PIC in Excess of PV-CS, $10,000,000
Retained Earnings, $22,000,000
PIC from Sale of T.S. $300,000
Treasury Stock, 10,000 Shares, $100,000
Set up a Ledger accounts for these and accounts and enter balances
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