Question

Si Corp. has these accounts at December 31: Common Stock, $ 10 pa 480 shares, $ 10,560. r, $,300 shares issued $ 53.000, Paid-in Capital in Excess of Par Value$ 18,800: Retained Earnings $.43,800: and Prepare the stockholders' equity section of the balance sheet Martinez Corp. Balance Sheet (Partial)

Answer 1

Answer

Stockholders’ equity
Paid-in capital
Capital stock
Common stock, $10 par value, 5,300 shares issued and 4820 shares outstanding.	53000
Additional paid-in capital
Paid-in capital in excess of par value— common stock.	18800
Total paid-in capital	71800
Retained earnings	43800
Total paid-in capital and retained earnings	115600
Less: Treasury stock (480 shares)	-10560
Total stockholders’ equity	105040