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Carla Corporation's post-closing trial balance at December 31, 2020, is shown as follows. CARLA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. Accounts payable
Carla Corporation's post-closing trial balance at December 31, 2020, is shown as follows. CARLA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. Accounts payable $ 273,600 $ 496,000 176.000 1,428,000 Accounts receivable Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock Allowance for doubtful accounts Bonds payable Buildings 146,000 32,000 290,000 1,466,000 Cash 198,000 182,000 Common stock ($1 par) Dividends payable (preferred stock-cash) 4,400 Inventory 569.000 381,000 Land Preferred stock ($50 par) 450,000 Prepaid expenses 42.000 Retained earnings 329,000 Treasury stock (common at cost) 159.000 Totals $3,311,000 $3,311,000 At December 31, 2020, Carla had the following number of common and preferred shares. At December 31, 2020, Carla had the following number of common and preferred shares. Common 546,000 Preferred 54,000 Authorized Issued Outstanding 182.000 169,000 9,000 9.000 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 Carla's balance sheet at December 31, 2020. (Enter account name only and do not provide descriptive information.) 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 Carla's balance sheet at December 31, 2020. (Enter account name only and do not provide descriptive information.) CARLA CORPORATION Stockholders' Equity 1 $ GA
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