6) Hello, Hoping all is well. Please help, and thank you Stockholders' Equity Section...
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Accounting
6)
Hello,
Hoping all is well.
Please help, and thank you
Stockholders' Equity Section
After closing its books on December 31, 20--, Jackson Corporation's stockholders' equity accounts had the following balances:
Account
Balance
Additional Information
Preferred Stock Subscriptions Receivable
$13,600
Common Stock Subscriptions Receivable
11,000
Preferred Stock Subscribed
51,750
$4 dividend, $5 par, 10,350 shares
Common Stock Subscribed
30,500
$10 par, 3,050 shares
Preferred Stock
151,000
$4 dividend, $5 par, 30,200 Shares
Common Stock
251,500
$10 par, 25,150 shares
Paid-In Capital in Excess of Par-Preferred Stock
10,600
Paid-In Capital from Sale of Treasury Stock
970
Common Treasury Stock
9,750
Retained Earnings
72,300
Required:
Prepare the stockholders' equity section of the balance sheet for Jackson for the year ended December 31, 20-- Jackson Corporation Stockholders' Equity December 31, 20- Paid-in capital: Additional paid-in capital: 000 000 Total paid-in capital DO OD. OD Total stockholders' equity
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