View Policies Current Attempt in Progress On January 1, 2025, Blossom Inc. had these stockholders' equity...
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View Policies Current Attempt in Progress On January 1, 2025, Blossom Inc. had these stockholders' equity balances. Common Stock, $1 par (2,100,000 shares authorized, 590,000 shares issued and outstanding) $590,000 Paid-in Capital in Excess of Par 1,475,000 Retained Earnings 680,000 Accumulated Other Comprehensive Income 47,000 During 2025, the following transactions and events occurred. 1. Issued 45,000 shares of $1 par value common stock for $2 per share. 2. Issued 55,000 shares of common stock for cash at $3 per share. 3. Purchased 14,000 shares of common stock for the treasury at $3.00 per share. 4. Declared and paid a cash dividend of $110,000. 5. Earned net income of $350,000. 6. Had other comprehensive income of $15,000. Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) BLOSSOM INC. Partial Balance Sheet Stockholders' Equity Paid-in Capital Common Stock December 31, 2025 Additional Paid-in Capital Paid-in Capital in Excess of Par-Common Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings View Policies Current Attempt in Progress On January 1, 2025, Blossom Inc. had these stockholders' equity balances. Common Stock, $1 par (2,100,000 shares authorized, 590,000 shares issued and outstanding) $590,000 Paid-in Capital in Excess of Par 1,475,000 Retained Earnings 680,000 Accumulated Other Comprehensive Income 47,000 During 2025, the following transactions and events occurred. 1. Issued 45,000 shares of $1 par value common stock for $2 per share. 2. Issued 55,000 shares of common stock for cash at $3 per share. 3. Purchased 14,000 shares of common stock for the treasury at $3.00 per share. 4. Declared and paid a cash dividend of $110,000. 5. Earned net income of $350,000. 6. Had other comprehensive income of $15,000. Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) BLOSSOM INC. Partial Balance Sheet Stockholders' Equity Paid-in Capital Common Stock December 31, 2025 Additional Paid-in Capital Paid-in Capital in Excess of Par-Common Stock Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings
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