Question

Exercise 11-13 Wells Fargo & Company, headquartered in San Francisco, is one of the nation's largest financial institutions. Suppose it reported the following selected accounts (in millions) as of December 31, 2022. $40,400 8,200 8,420 Retained Earnings Preferred Stock Common Stock-$12/3 par value, authorized 6,000,000,000 shares; issued 5,052,000,000 shares Treasury Stock-67,346,829 common shares Paid-in Capital in Excess of Par Value-Common Stock Accumulated Other Comprehensive Income (2,340 ) 52,400 8,220 Prepare the stockholders' equity section of the balance sheet for Wells Fargo as of December 31, 2022. (Enter account name only and do not provide descriptive information.)

Answer 1

Stockholders Equity- Well Fargo Company
Paid In Capital
Capital Stock
Preferred Stock	$8,200
Common Stock	$8,420
Total Capital Stock		$16,620
Addittional Paid In Capital
Paid In Capital In Excess Of Par-Common Stock		$52,400
Total Paid In Capital		$69,020
Retained Earnings		$40,400
Total Paid In Capital & Retained Earnings		$109,420
Accumulated Other Comprehensive Income		$8,220
Less :Tresury Stock		-$2,340
Total Stockholder'S Equity		$115,300