Business
Business, 30.04.2021 19:40, cobbiegirl8996

Blossom Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $20 par value, cumulative, 30000 shares authorized; 20000 shares issued $400000
Common stock, $10 par value, 3,000,000 shares authorized; 1,950,000 shares issued, 1,920,000 shares outstanding 19900000
Paid-in capital in excess of par value - preferred stock 61000
Paid-in capital in excess of par value - common stock 28000000
Retained earnings 9350000
Treasury stock (30,000 shares) 600000

Blossom Corporation's total stockholders' equity was :

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Answers: 2

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