From the following partial mixed list, select the appropriate titles and prepare a stockholders equity section using

Question:

From the following partial mixed list, select the appropriate titles and prepare a stockholders’ equity section using the source-of-capital approach as shown in the Blueprint example for Neon Corporation on July 31, 201X:

Office Equipment	$75,000
Land	190,000
Paid-In Capital in Excess of Par Value-Preferred Stock	100,000
Building	90,000
Accounts Receivable	115,000
Notes Receivable	41,000
Organization Costs	14,000
Common Stock, $10 par value (57,000 shares issued and outstanding: 100,000 shares authorized)	750,000
Retained Earnings	208,000
Subscriptions Receivable-Common Stock	75,000
Patents	8,000
Preferred 12% Stock, $53 Par (5,700 shares issued; 10,000 shares authorized)	302,100
Common Stock Subscribed at Par	245,000
Paid-In Capital in Excess of Par Value-Common Stock	18,000

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...

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