The Janjua Company had the following
The Janjua Company had the following account balances at 1/1/16: Common Stock $75,000 Treasury Stock (at cost) 15,000 Paid-in-Capital in Excess of Par 150,000 Investments in AFS Equity Securities 35,000 FVA (AFS) 1,500 debit Retained Earnings 25,000 …