After closing its books on December 31, 20--, Hilltop Corporation stockholders' equity accounts have the following balances. Complete the stockholders' equity section of the balance sheet. $\begin{array}{lr}
\text { Paid-in capital in excess of par-preferred stock } & \$ 45,000 \
\text { Paid-in capital in excess of par-common stock } & 19,000 \
\text { Paid-in capital from sale of treasury stock } & 32,000 \
\text { Retained earnings } & 111,000
\end{array}$

Question

After closing its books on December 31, 20--, Hilltop Corporation stockholders' equity accounts have the following balances. Complete the stockholders' equity section of the balance sheet. $\begin{array}{lr}
\text { Paid-in capital in excess of par-preferred stock } & \$ 45,000 \
\text { Paid-in capital in excess of par-common stock } & 19,000 \
\text { Paid-in capital from sale of treasury stock } & 32,000 \
\text { Retained earnings } & 111,000
\end{array}$ ​

Quizplus · Accepted Answer

The Answer of After closing its books on December 31, 20--, Hilltop Corporation stockholders' equity accounts have the following balances. Complete the stockholders' equity section of the balance sheet. $\begin{array}{lr}
\text { Paid-in capital in excess of par-preferred stock } & \$ 45,000 \
\text { Paid-in capital in excess of par-common stock } & 19,000 \
\text { Paid-in capital from sale of treasury stock } & 32,000 \
\text { Retained earnings } & 111,000
\end{array}$ ​

After Closing Its Books on December 31, 20--, Hilltop Corporation