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Prepare stockholders equity section of the balance sheet

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Question - The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Eudaley Corporation at December 31, 2017.

Common Stock ($5 stated value) $1,700,000

Paid-in Capital in Excess of Par-Preferred Stock 282,000

Paid-in Capital in Excess of Stated Value-Common Stock 939,000

Preferred Stock (8%, $101 par) 484,800

Retained Earnings 1,020,000

Treasury Stock (11,500 common shares) 138,000

Required - Prepare the stockholders' equity section of the balance sheet at December 31, 2017.

Reference no: EM132554157

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