Question
1. Prepare in proper form the stockholders' equity section of the balance sheet from the following selected accounts and balances taken from the adjusted trial
1. Prepare in proper form the stockholders' equity section of the balance sheet from the following selected accounts and balances taken from the adjusted trial balance of Cooper Corporation as of December 31, 20x5. 17 Points.
Partial Adjusted Trial Balance | ||
Account | Debit | Credit |
Common Stock$10 par value, 200,000 shares authorized, 110,000 shares issued and outstanding Preferred Stock$100 par value, 9 percent cumulative, 40,000 shares authorized, 8,000 shares issued and outstanding Additional Paid-in Capital, Preferred Additional Paid-in Capital, Common Retained Earnings | 1,100,000 800,000 30,000 800,000 180,000 |
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