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Reporting Stockholders' Equity Using the following accounts and balances, prepare the Stockholders Equity section of...

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Accounting

Reporting Stockholders' Equity

Using the following accounts and balances, prepare the Stockholders Equity section of the balance sheet. 100,000 shares of common stock authorized, and 4,000 shares have been reacquired.

Common Stock, $70 par $4,900,000
Paid-In Capital from Sale of Treasury Stock 98,000
Paid-In Capital in Excess of ParCommon Stock 1,470,000
Retained Earnings 2,597,000
Treasury Stock 53,000

Balance Sheet
Stockholders' Equity
Paid-in capital:

CashCommon Stock, $70 Par (100,000 Shares Authorized, 70,000 Shares Issued)Retained EarningsTreasury Stock

 $- Select -

CashExcess of Issue Price Over ParRetained EarningsTreasury Stock

 - Select -
Paid-in capital, common stock

CashFrom Sale of Treasury StockRetained EarningsTreasury Stock

 - Select -
Total paid-in capital

Common Stock, $70 ParExcess of Issue Price Over ParRetained EarningsTreasury Stock

 - Select -
Total

Common Stock, $70 ParExcess of Issue Price Over ParRetained EarningsTreasury Stock

 - Select -
Total stockholders' equity

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