help please Using the following accounts and balances, prepare the Stockholders' Equity...
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Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of the hund and the stockhre authorized, and 40,000 shares have been reacquired. Colimon Stock, $120 par $48,000,000 Paid In Capital from Sale of Treasury Stock 4,500,000 Paid-In Capital in Excess of Par-Common Stock 6,400,000 Retained Earnings 63,680,000 Treasury Stock 5,200,000 Stockholders' Equity Paid-in Capital: Common Stock, $120 Par (500,000 Shares Authorized, 400,000 Shares Issued) 40,000,000 Excess over par 6,400,000 Paid in capital, common stock From Sale of Treasury Stock Total Poid-In Capital Retained Earnings 4.500.000 X Total 122.580.000 X Treasury Stock (40,000 Shares at Cost) 5.200,000 X Total Stockholders' Equity Preus
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