Question: QS 13-17 Preparing stockholders' equity section LO P1, C2, P3 On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $48,000;

 QS 13-17 Preparing stockholders' equity section LO P1, C2, P3 On

QS 13-17 Preparing stockholders' equity section LO P1, C2, P3 On December 31, Westworld Inc. has the following equity accounts and balances: Retained Earnings, $48,000; Common Stock, $1,600; Treasury Stock, $2,600; Paid-In Capital in Excess of Par Value, Common Stock, $39,600; Preferred Stock, $7,600: and Paid-In Capital in Excess of Par Value, Preferred Stock, $3,600. Prepare the stockholders' equity section of Westworld's balance sheet. (Negative amount(s) should be indicated by a minus sign.) WESTWORLD INC. Stockholders' Equity Section of Balance Sheet December 31 Common stock Paid-in capital in excess of par value, common stock Preferred stock Paid-in capital in excess of par value, preferred stock Retained earnings Treasury stock Total stockholders' equity ces

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