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Bruno Corporation's post-closing trial balance at December 31, 2014, was as follows. (See attachment -labeled 1). At December 31, 2014, Bruno had the following number

Bruno Corporation's post-closing trial balance at December 31, 2014, was as follows.

(See attachment -labeled 1).

At December 31, 2014, Bruno had the following number of common and preferred shares.

(See attachment-labeled 2)

The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders' equity section of Bruno's balance sheet at December 31, 2014. (See attachment-labeled 3)(Enter account name only and do not provide descriptive information.)

image text in transcribed 1. 2. 3. 1. 2. 3. Bruno Corporation's post-closing trial balance at December 31, 2014, was as follows. BRUNO CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2014 Dr. Cr. Accounts payable $ 212,200 Accounts receivable $ 483,500 Accumulated depreciationbuildings 185,500 Additional paid-in capital in excess of parcommon 1,358,000 From treasury stock 162,900 Allowance for doubtful accounts 37,200 Bonds payable 320,800 Buildings 1,459,200 Cash 197,000 Common stock ($1 par) 204,600 Dividends payable (preferred stockcash) 5,700 Inventory 561,300 Land 408,100 Preferred stock ($50 par) 541,000 Prepaid expenses 41,600 Retained earnings 303,300 Treasury stock (common at cost) 180,500 Totals $3,331,200 $3,331,200 At December 31, 2014, Bruno had the following number of common and preferred shares. Common Authorized Issued Outstanding 613,800 204,600 187,000 Preferred 64,920 10,820 10,820 The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders' equity section of Bruno's balance sheet at December 31, 2014. (Enter account name only and do not provide descriptive information.) BRUNO CORPORATION Stockholders' Equity December 31, 2014 $ : $ Don't show me this message again for the assignment \fBruno Corporation's post-closing trial balance at December 31, 2014, was as follows. BRUNO CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2014 Dr. Cr. Accounts payable $ 212,200 Accounts receivable $ 483,500 Accumulated depreciationbuildings 185,500 Additional paid-in capital in excess of parcommon 1,358,000 From treasury stock 162,900 Allowance for doubtful accounts 37,200 Bonds payable 320,800 Buildings 1,459,200 Cash 197,000 Common stock ($1 par) 204,600 Dividends payable (preferred stockcash) 5,700 Inventory 561,300 Land 408,100 Preferred stock ($50 par) 541,000 Prepaid expenses 41,600 Retained earnings 303,300 Treasury stock (common at cost) 180,500 Totals $3,331,200 $3,331,200 At December 31, 2014, Bruno had the following number of common and preferred shares. Common Authorized Issued Outstanding Preferred 613,800 204,600 187,000 64,920 10,820 10,820 The dividends on preferred stock are $4 cumulative. In addition, the preferred stock has a preference in liquidation of $50 per share. Prepare the stockholders' equity section of Bruno's balance sheet at December 31, 2014. (Enter account name only and do not provide descriptive information.) BRUNO CORPORATION Stockholders' Equity December 31, 2014 Capital Stock $ Common Stock 204600 Preferred Stoc Total Capital Stock 541000 745600 Additional Paid-in Capital Common From Treasury Total Paid-in Capital Retained Earn Total Paid-in Capital and Retained Earnings 1358000 162900 2266500 303300 2569800 Less : Treasury Stoc 180500 $ Total Stockholders' Equity 2389300 Don't show me this message again for the assignment

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