Question: Below is the partial trial balance dated December 31, 2016, for James River Corporation Notes Payable: 35000 Bonds Payable: 150,000 Retained Earnings: 145600 Common Stock:

Below is the partial trial balance dated December 31, 2016, for James River Corporation

Notes Payable: 35000

Bonds Payable: 150,000

Retained Earnings: 145600

Common Stock: 100,000

Preferred Stock: 50000

Additional Paid-in Capital -common: 175000

Additional paid-in capital-preferred: 100000

Premium on Bonds Payable: 15000

Accumulated other Comprehensive Income: 55600

Cash: 58900

Equipment: 189000

Accumulated Depreciation: 135000

Required:

Prepare the shareholder's equity portion of the balance sheet dated December 31 2016.

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