Stockholders' Equity Section of Balance Sheet Premium Imports Inc. retails racing products for BMWs, Porsches, and...

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Stockholders' Equity Section of Balance Sheet Premium Imports Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Premium Imports Inc. on November 30, the end of the current fiscal year: Common Stock, $10 par Paid-In Capital in Excess of Par Paid-In Capital from Treasury Stock $440,000 132,000 33,200 Retained Earnings Treasury Stock 738,300 56,100 A total of 200,000 shares of common stock are authorized. There are 5,100 shares of common stock held as treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. Premium Imports Inc. Stockholders' Equity Section of the Balance Sheet Line Item Description November 30 Amount Amount Amount Paid-in capital: Retained earnings Total Total paid-in capital Total Total stockholders' equity Stockholders' Equity Section of Balance Sheet Premium Imports Inc. retails racing products for BMWs, Porsches, and Ferraris. The following accounts and their balances appear in the ledger of Premium Imports Inc. on November 30, the end of the current fiscal year: Common Stock, $10 par Paid-In Capital in Excess of Par Paid-In Capital from Treasury Stock $440,000 132,000 33,200 Retained Earnings Treasury Stock 738,300 56,100 A total of 200,000 shares of common stock are authorized. There are 5,100 shares of common stock held as treasury stock. Prepare the "Stockholders' Equity" section of the balance sheet as of November 30. Premium Imports Inc. Stockholders' Equity Section of the Balance Sheet Line Item Description November 30 Amount Amount Amount Paid-in capital: Retained earnings Total Total paid-in capital Total Total stockholders' equity