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Category > Accounting Posted 20 Aug 2017 My Price 8.00

Goodale Properties Inc

EX 11-15 Stockholders’ Equity section of balance sheet                                    ObJ.  5

The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year:

 

 

Common Stock, $45 par ................................................

$  3,060,000

Paid-In Capital from Sale of Treasury Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

115,000

Paid-In Capital in Excess of Par—Common Stock .........................

272,000

Retained Earnings    ......................................................

20,553,000

Treasury Stock ..........................................................

324,000

Prepare the Stockholders’ Equity section of the balance sheet as of June 30. Eighty thou- sand shares of common stock are authorized, and 9,000 shares have been   reacquired.

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Maurice Tutor
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Status NEW Posted 20 Aug 2017 07:08 PM My Price 8.00

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