As of the reporting period, the company's overall equity, or equity primarily attributable to stockholders, is reported in the stockholder's equity section of the balance sheet.
This includes the company's par-valued stocks, retained earnings, and other comprehensive income, as well as any stocks issued above par.
November 19 Cash (50,000 * 80) 4,000,000 Preferred stock (50,000 * 75) 3,750,000 Paid in capital in excess of par - preferred stock 250,000 Cash (400,000 * 18) 7,200,000
Common stock (400,000 * 10) 4,000,000 Paid in capital in excess of par - common stock 3,200,000.
Preferred stock: $3,750,000 Common stock: $4,000,000 Paid in capital above par: preferred stock: $250,000. Paid in capital above par: common stock: $3,200,000.
Capital expenditures total $11,200,000.
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