The following stockholders' equity accounts arranged alphabetically are - 10379

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The following stockholders' equity accounts arranged alphabetically are in the ledger of Desiree Corporation at December 31, 2012.

 

 

 

Common Stock ($6 stated value)

$2,389,800

Paid-in Capital from Treasury Stock

12,220

Paid-in Capital in Excess of Stated Value-Common Stock

1,593,800

Paid-in Capital in Excess of Par Value-Preferred Stock

673,700

Preferred Stock (8%, $51 par, noncumulative)

819,060

Retained Earnings

1,743,300

Treasury Stock-Common (11,400 shares)

 148,200

 

Instructions

 

Prepare a stockholders' equity section at December 31, 2012.  (For multiple entries, refer to the example on page 589 DO IT! in the textbook for the proper order.)

 

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