Question: I need help on numbers E10-21A, E10-22A, E10-23A, E10-24A, E10-25A, and E10-27A PLEASE!!! Thank you :) E10-21A. (Learning Objectives 3,6: Show bow treasury stock affects
E10-21A. (Learning Objectives 3,6: Show bow treasury stock affects a company; prepare the stockbolders' equity section of a balance sheet) Carey Software had the following selected account balances at December 31, 2014 (in thousands, except par value per share): Common stock, $0.25 par authorized, 500 shares Inventory..1,120 S 1,120 Property, plant, and per share, 900 shares equipment, net . 2,860 125 Retained earnings.2,316 Accounts receivable, net1,030 1,274 Paid-in capital in excess of par..93 issued Treasury stock 1,485 90 shares at cost.. Accumulated other comprehensive income (loss) ..(732)* Debit balance Requirements 1. Prepare the stockholders' equity section of Carey's balance sheet (in thousands). 2. How can Carey have a larger balance of treasury stock than the sum of Common Stock and Paid-in Capital in Excess of Par
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