Brief Exercise 11-8 Partially correct answer. Your answer is partially correct. Try again. Bramble Corp. has...

Brief Exercise 11-8 Partially correct answer. Your answer is partially correct. Try again. Bramble Corp. has these accounts at December 31: Common Stock, $12 par, 6,900 shares issued, $82,800; Paid-in Capital in Excess of Par Value $20,400; Retained Earnings $45,400; and Treasury Stock, 640 shares, $14,080. Prepare the stockholders’ equity section of the balance sheet. Bramble Corp. Balance Sheet (Partial) December 31 Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer $Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with correct answer: Entry field with correct answer Treasury Stock Entry field with incorrect answer Entry field with correct answer $Entry field with incorrect answer Click if you would like to Show Work for this question: Open Show Work

Expert Solution

Ans.	Bramble Incorporation
	Balance Sheet (Partial)
	For the Month December, 31
	Stockholders' Equity:
	Paid-in Capital
	Common Stock, $12 par value , 6,900 issued and outstanding	82,800
	Paid-in Capital in excess of par	20,400
	Retained Earnings	45,400
	Total paid-in capital and retained earnings	148,600
	Less: Treasury Stock 640 shares	(14,080)
	Total stockholders' equity	134,520

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