Question Details

Boswell Corporation has the following stockholders' equity 



1
Boswell Corporation has the following stockholders' equity accounts:
Preferred Stock
Paid-in Capital in Excess of Par Value—Preferred Stock
Common Stock
Paid-in Capital in Excess of Stated Value—Common Stock
Paid-in Capital from Treasury Stock—Common
Retained Earnings
Treasury Stock—Common
Instructions
Classify each account using the following tabular alignment.
Paid-in Capital Retained
Account Capital Stock Additional Earnings Other

2
The following information is available for Stewart Corporation:
Common Stock ($10 par) $1,000,000
Paid-in Capital in Excess of Par Value—Preferred 180,000
Paid-in Capital in Excess of Stated Value—Common 600,000
Preferred Stock 550,000
Retained Earnings 750,000
Treasury Stock—Common 50,000
Instructions
Based on the preceding information, calculate each of the following:
(a) Total paid-in capital.
(b) Total stockholders' equity.



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