The following stockholders’ equity accounts, arranged


Question Description:

24.99

The following stockholders’ equity accounts, arranged alphabetically, are in the ledger of Marvel Corporation at December 31, 2014. Common Stock ($5 stated value) $2,800,000 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) 1,000,000 Retained Earnings 1,684,000 Treasury Stock (10,000 shares) 98,000 Prepare the stockholders’ equity section of the balance sheet at December 31, 2014.

Answer

24.99