The eastern Spruce equity accounts for last year are as follows:
Common stock, $1 par (500 shares outstanding) _________
Capital surplus $50,000
Retained earnings 100,000
Fill in the missing numbers (this should be completed in Excel).© BrainMass Inc. brainmass.com June 3, 2020, 8:32 pm ad1c9bdddf
The solution explains how to find the missing number in the equity accounts.