3 My Subscriptions Business Course Return to course Duration 2 Not Com Markedet of P a question Stockholders' Equity Section of the balance sheet The stockholders' equity of Xeltron Corporation at January 1 follows. Prepare the stockholders equity section of the balance sheet 94 Preferred stock 5110 par value, 20,006 shares authorized: 6.600 shares issued and outstanding 5660,000 Common stock, 52 par value, 100,000 shares authorized 40.000 shares issued and outstanding 580,000 Paid in capital in excess of par value Preferred stock 400.000 Pald.in capital in excess of our value common stock 800.000 Retained earnings 760.000 Tocal Stockholders Equity $2.700.000 The following transactions among others occurred during the years Jan Announced 2 for common stock splity reducing the price of the common stock to 51 per share the thoration was breased to 300,000 share Mat 2 Cod 110.000 face of conte bands of the tondyn 1114 common to the bond overed to 115 shares of common une 1 Adequipment with a famous of $15.000 in exchange for 200 shares of oferred stock Sept 1 Acquired 10 000 shares common stock for cash per she Nov 21 baud S000 shares of common person Der Sold to share Dec 31 Closed net income of 1210.00Red Lines account Do not use negative sign with your answer Stockholders' Equity Padin Capital $ Additional Paid-in-Cacica Paid in Capitalin e parave Pred stoc Capitantess of Paralu Kormon Sot 5 Total Paid Capital & Business COUN Retained earnings Total Stockholders' Equity 760,000 $2,700,000 The following transactions, among others, occurred during the year: Jan. 1 Announced a 2-for-1 common stock split, reducing the par value of the common stock to $1 per share. The authorization Mar. 31 Converted $110,000 face value of convertible bonds payable (the book value of the bonds was $114,000) to common stc June 1 Acquired equipment with a fair market value of $35,000 in exchange for 200 shares of preferred stock. Sept 1 Acquired 10,000 shares of common stock for cash at $21 per share. Nov. 21 Issued 5,000 shares of common stock at $23 cash per share. Dec. 28 Sold 1,000 treasury shares at $24 per share. Dec 31 Clased net income of $210,000 to the Retained Earnings account. Do not use negative signs with your answers. Stockholders' Equity Paid in Capital $ $ Additional Paid-in-Capital Paid-in-Capital in Excess of Par value. Preferred Stock Paid-in-Capital in Excess of Par value. Common Stock Total Pald-in-Capital a Preferred Stock Common Stock Retained Earnings Total Stockholders' Equity Total Paid-in-Capital Pald-in-Capital from Treasury Stock Less Treasury Stock Common 3 My Subscriptions Business Course Return to course Duration 2 Not Com Markedet of P a question Stockholders' Equity Section of the balance sheet The stockholders' equity of Xeltron Corporation at January 1 follows. Prepare the stockholders equity section of the balance sheet 94 Preferred stock 5110 par value, 20,006 shares authorized: 6.600 shares issued and outstanding 5660,000 Common stock, 52 par value, 100,000 shares authorized 40.000 shares issued and outstanding 580,000 Paid in capital in excess of par value Preferred stock 400.000 Pald.in capital in excess of our value common stock 800.000 Retained earnings 760.000 Tocal Stockholders Equity $2.700.000 The following transactions among others occurred during the years Jan Announced 2 for common stock splity reducing the price of the common stock to 51 per share the thoration was breased to 300,000 share Mat 2 Cod 110.000 face of conte bands of the tondyn 1114 common to the bond overed to 115 shares of common une 1 Adequipment with a famous of $15.000 in exchange for 200 shares of oferred stock Sept 1 Acquired 10 000 shares common stock for cash per she Nov 21 baud S000 shares of common person Der Sold to share Dec 31 Closed net income of 1210.00Red Lines account Do not use negative sign with your answer Stockholders' Equity Padin Capital $ Additional Paid-in-Cacica Paid in Capitalin e parave Pred stoc Capitantess of Paralu Kormon Sot 5 Total Paid Capital & Business COUN Retained earnings Total Stockholders' Equity 760,000 $2,700,000 The following transactions, among others, occurred during the year: Jan. 1 Announced a 2-for-1 common stock split, reducing the par value of the common stock to $1 per share. The authorization Mar. 31 Converted $110,000 face value of convertible bonds payable (the book value of the bonds was $114,000) to common stc June 1 Acquired equipment with a fair market value of $35,000 in exchange for 200 shares of preferred stock. Sept 1 Acquired 10,000 shares of common stock for cash at $21 per share. Nov. 21 Issued 5,000 shares of common stock at $23 cash per share. Dec. 28 Sold 1,000 treasury shares at $24 per share. Dec 31 Clased net income of $210,000 to the Retained Earnings account. Do not use negative signs with your answers. Stockholders' Equity Paid in Capital $ $ Additional Paid-in-Capital Paid-in-Capital in Excess of Par value. Preferred Stock Paid-in-Capital in Excess of Par value. Common Stock Total Pald-in-Capital a Preferred Stock Common Stock Retained Earnings Total Stockholders' Equity Total Paid-in-Capital Pald-in-Capital from Treasury Stock Less Treasury Stock Common