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Below is the information about Frost Company as of June 30,2019. Correctly present the Equity Section (Stockholders Equity) from the Companys Balance Sheet. Dollar Description
Below is the information about Frost Company as of June 30,2019. Correctly present the Equity Section (Stockholders Equity) from the Companys Balance Sheet. Dollar Description Amounts Accumulated other comprehensi ve loss (360,000) Capital in excess of par value, common 840,000 Capital in excess of par value, preferred 150,000 Cash dividend payable 200,000 Common Stock $10 parvalue, Shares authorized 500,000 4,000,000 Shares issued and outstanding 400,000 200,000 Common Stock Dividend Distributable, 20,000shares 1,000,000 Convertible bonds payable $1,000 par, 10 % Each $1,000 bond is convertible into 45 common shares Investment on common stock of Florian Company 250,000 Preferred Stock $100 par value 79% cumulative Shares authori zed 100,000 $3,000,000 Shares issued and outstanding 30,000 Preferred Stock, mandatorily redeemable, $100 par value S% noncumulative Shares authorized 50,000 2,000,000 Shares issued and outstanding 20,000 4,360,000 Retained earni ngs (190,000) Treasury stock at cost 2,000 common shares
Below is the information about Frost Company as of June 30,2019. Correctly present the Equity Section (Stockholders Equity) from the Companys Balance Sheet.
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