At December 31st, the Jeter Company had the following ending balances;
Retained Earnings - $100,000
Preferred Stock ($100 par, 7% cumulative, 10,000 authorized, 5,000 issued and outstanding) - 500,000
Treasury stock - $35,000
Additional paid in capital - common stock - 400,000
Additional paid in capital - preferred stock - 50,000
Common stock ($5.00 par value, 100,000 shares authorized, 60,000 issued) - 300,000
Prepare the stockholders equity section of the balance sheet in good form with all of the required disclosures. .

Question

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The Answer of At December 31st, the Jeter Company had the following ending balances;
Retained Earnings - $100,000
Preferred Stock ($100 par, 7% cumulative, 10,000 authorized, 5,000 issued and outstanding) - 500,000
Treasury stock - $35,000
Additional paid in capital - common stock - 400,000
Additional paid in capital - preferred stock - 50,000
Common stock ($5.00 par value, 100,000 shares authorized, 60,000 issued) - 300,000
Prepare the stockholders equity section of the balance sheet in good form with all of the required disclosures. .

At December 31st, the Jeter Company Had the Following Ending