ABC Company had the following accounts (among others) in its general ledger at December 31, 20X5:...
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ABC Company had the following accounts (among others) in its general ledger at December 31, 20X5: Bonds payable, 8%, due in 5 years. Premium on bonds payable "Premium" on preferred stock Cash dividend payable on common stock Stock dividend payable on common stock, 10% Sinking fund .... Subscription receivable Additional paid-in capital, common stock Investment in U. S. Treasury notes Treasury stock, at cost of $100 per common share. Preferred stock, $10 par, 6% dividend, 100,000 shares authorized, Reserve for sinking fund Common stock subscribed, 1,000 shares Retained earnings, unappropriated. Common stock, $ stated value, 60,000 shares authorized, 24,400 shares outstanding $ 80,000 8,000 17,600 9,000 10,000 37,000 1,800 30,200 24,000 60,000 ... 200,000 37,000 4,000 263,000 shares issued, shares outstanding. 100,000 Using the applicable information from the above listing, prepare a statement of stockholders' equity at December 31, 20X5, in the best form you can. ABC Company had the following accounts (among others) in its general ledger at December 31, 20X5: Bonds payable, 8%, due in 5 years. Premium on bonds payable "Premium" on preferred stock Cash dividend payable on common stock Stock dividend payable on common stock, 10% Sinking fund .... Subscription receivable Additional paid-in capital, common stock Investment in U. S. Treasury notes Treasury stock, at cost of $100 per common share. Preferred stock, $10 par, 6% dividend, 100,000 shares authorized, Reserve for sinking fund Common stock subscribed, 1,000 shares Retained earnings, unappropriated. Common stock, $ stated value, 60,000 shares authorized, 24,400 shares outstanding $ 80,000 8,000 17,600 9,000 10,000 37,000 1,800 30,200 24,000 60,000 ... 200,000 37,000 4,000 263,000 shares issued, shares outstanding. 100,000 Using the applicable information from the above listing, prepare a statement of stockholders' equity at December 31, 20X5, in the best form you can.
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Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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