Current Attempt in Progress Bramble Corp. has issued 96,000 shares of $5 par value common...
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Current Attempt in Progress Bramble Corp. has issued 96,000 shares of $5 par value common stock. It was authorized to sell 500,000 shares. The paid-in capital in excess of par on common stock is $267,000. The corporation has reacquired 7,600 common shares at a cost of $46,500 and is currently holding those shares. The corporation also has 2,900 shares issued and outstanding of 8%,$100 par value preferred stock. It was authorized 10,400 shares. The paid-in Capital in Excess of Par on the preferred stock is $26,800. Retained earnings is $386,000. Prepare the stockholders' equity section of the balance sheet. (Enter account name only and do not provide descriptive information.)
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