Question

Wells Fargo & Company, headquartered in San Francisco, is one of the nation’s largest financial institutions. It reported the following selected accounts (in millions) as of December 31, 2006.
Retained earnings ........................$35,277
Preferred stock ..........................384
Common stock—$12/3 par value, authorized 6,000,000,000 shares;
issued 3,472,762,050 shares ....................5,788
Treasury stock—95,612,189 shares ................(3,203)
Additional paid-in capital—common stock ..............7,739
Instructions
Prepare the stockholders’ equity section of the balance sheet for Wells Fargo as of
December 31, 2006.



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  • CreatedApril 21, 2012
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