I figured out CS, Add paid-in capital. what\'s the next two on BS De&Exrt; Submi

ID: 2408927 • Letter: I

Question

I figured out CS, Add paid-in capital. what's the next two on BS

De&Exrt; Submit Check my work Melcher, Inc, originally sold 100,000 shares of ts $10 par Value common stock at $25 per share. Several years later, the company repurchased 10,000 of these shares at $45 per share. Meicher currently holds those shares in treasury per share. Melcher currently holds those shares in treasury Prepare the company's stockholders equity section of the palance sheet to eflect this information. MELCHER, INC., Balance Sheet (Partial) Stockholders equity Common stock S 1,000,000 Additional paid in capital1,500,000 $ 2,500,000 Less Treasury stock Total stockholders equityS 2,500,000

Explanation / Answer

Stockholder's Equity Section

Particulars

Par value of Common stock

1000000

Additional paid in Capital

1500000

Total paid in capital

2500000

Less Treasury ( Common ) Stock

2500000-450000

450000

Total Stockholder's Equity Amount

2050000