(Learning Objective 2: Preparing the stockholders’ equity section of a balance sheet) The financial statements of Eppley Employment Services, Inc., reported the following accounts (adapted, with dollar amounts in thousands except for par value):
|
Paid in capital in excess of par |
$198 |
Total revenues |
$1,390 |
|
Other stockholders’ equity (negative) |
25 |
Accounts payable |
646 |
|
Common stock $0.01 par; 600 shares issued |
6 |
Retained earnings |
2,566 |
|
Long term debt |
(29) |
Other current liabilities |
805 |
|
Total expenses |
420 |
Prepare the stockholders’ equity section of Eppley’s balance sheet. Net income has already been closed to Retained Earnings.