![On January 1, 2017, the stockholders' equity section of Newlin Corporation shows common stock ($5 par value) $1,500,000; paid-in capital in excess of par $1,020,000; and retained earnings $1,200,000. | Homework.Study.com On January 1, 2017, the stockholders' equity section of Newlin Corporation shows common stock ($5 par value) $1,500,000; paid-in capital in excess of par $1,020,000; and retained earnings $1,200,000. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/screenshot_28863187866877690457.png)
On January 1, 2017, the stockholders' equity section of Newlin Corporation shows common stock ($5 par value) $1,500,000; paid-in capital in excess of par $1,020,000; and retained earnings $1,200,000. | Homework.Study.com
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4.3 Characteristics of equity and how it is recorded and reported in each business structure – Accounting Business and Society
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Balance Sheet Equity Section Creation from Trial Balance 15 - Accounting Instruction, Help, & How To (Financial & Managerial)
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