Solution-Prepare the stockholders equity section of the

Prepare the stockholders equity section of the balance sheet

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Reference no: EM133162034

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

Common Stock ($2 stated value) $1,600,000

Paid-in Capital in Excess of Par Value-Preferred Stock 45,000

Paid-in Capital in Excess of Stated Value-Common Stock 1,050,000

Preferred Stock (8%, $100 par, noncumulative) 600,000

Retained Earnings 1,334,000

Treasury Stock (12,000 common shares) 72,000

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

Reference no: EM133162034

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Prepare the stockholders equity section of the balance sheet

Reference no: EM133162034

Reference no: EM133162034

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