Wildcat Drilling has the following accounts on its trial balance.

Required:
Prepare the stockholders' equity portion of Wildcat's balancesheet.

Transcribed Image Text:

Debit Credit 1,500,000 10,000,000 Retained eamings Cash Paid-in capital in excess of par-common Paid-in capital in excess of par- preferred Accounts payable Accounts receivable Common stod, $2 par Preferred stock, $10 par Inventory Treasury stock common (40,000 shares) Accumulated other comprehensive income 125,000 2,000,000 75,000 150,000 800,000 600,000 500,000 250,000 50,000