DeLong Corporation was organized on January 1, 2017 It is authorized to issue12,500shares of 8 , $100par value preferred stock, and513,000shares of no par common stock with a stated value of $2per share The following stock transactions were completed during the first year Jan 10 Issued78,000shares of common stock for cash at $4per share Mar 1 Issued5,750shares of preferred stock for cash at $110per share Apr 1 Issued23,000shares of common stock for land The asking price of the land was $94,000 The fair value of the land was $80,500 May 1 Issued81,500shares of common stock for cash at $4 25per share Aug 1 Issued10,500shares of common stock to attorneys in payment of their bill of $42,000for services performed in helping the company organize Sept 1 Issued11,500shares of common stock for cash at $6per share Nov 1 Issued3,000shares of preferred stock for cash at $108per share Journalize the transactions (Record journal entries in the order presented in the problem Credit account titles are automatically indented when amount is entered Do not indent manually If no entry is required, select No Entry for the account titles and enter 0 for the amounts ) Date Account Titles and Explanation Debit Credit Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 Post to the stockholders equity accounts (Post entries in the order of journal entries presented in the previous part ) Preferred Stock Date Explanation Ref Debit Credit Balance Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Common Stock Date Explanation Ref Debit Credit Balance Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Paid in Capital in Excess of Par Preferred Stock Date Explanation Ref Debit Credit Balance Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Paid in Capital in Excess of Stated Value Common Stock Date Explanation Ref Debit Credit Balance Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Jan 10Mar 1Apr 1May 1Aug 1Sept 1Nov 1 J5 Prepare the paid in capital section of stockholders equity at December 31, 2017 (Enter the account name only and do not provide the descriptive information provided in the question ) DELONG CORPORATION Balance Sheet (Partial) For the Month Ended December 31, 2017December 31, 2017For the Year Ended December 31, 2017 Additional Paid in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong term InvestmentsLong term LiabilitiesNet Income (Loss)Paid in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long term InvestmentsTotal Long term LiabilitiesTotal Paid in CapitalTotal Paid in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity Additional Paid in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong term InvestmentsLong term LiabilitiesNet Income (Loss)Paid in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long term InvestmentsTotal Long term LiabilitiesTotal Paid in CapitalTotal Paid in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity $ Additional Paid in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong term InvestmentsLong term LiabilitiesNet Income (Loss)Paid in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long term InvestmentsTotal Long term LiabilitiesTotal Paid in CapitalTotal Paid in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity Additional Paid in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong term InvestmentsLong term LiabilitiesNet Income (Loss)Paid in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long term InvestmentsTotal Long term LiabilitiesTotal Paid in CapitalTotal Paid in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity $ Additional Paid in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong term InvestmentsLong term LiabilitiesNet Income (Loss)Paid in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long term InvestmentsTotal Long term LiabilitiesTotal Paid in CapitalTotal Paid in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity Additional Paid in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong term InvestmentsLong term LiabilitiesNet Income (Loss)Paid in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long term InvestmentsTotal Long term LiabilitiesTotal Paid in CapitalTotal Paid in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity $

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DeLong Corporation was organized on January 1, 2017. It is authorized to issue12,500shares of 8%, $100par value preferred stock, and513,000shares of no-par common stock with

DeLong Corporation was organized on January 1, 2017. It is authorized to issue12,500shares of 8%, $100par value preferred stock, and513,000shares of no-par common stock with a stated value of $2per share. The following stock transactions were completed during the first year.

Jan.	10	Issued78,000shares of common stock for cash at $4per share.
Mar.	1	Issued5,750shares of preferred stock for cash at $110per share.
Apr.	1	Issued23,000shares of common stock for land. The asking price of the land was $94,000. The fair value of the land was $80,500.
May	1	Issued81,500shares of common stock for cash at $4.25per share.
Aug.	1	Issued10,500shares of common stock to attorneys in payment of their bill of $42,000for services performed in helping the company organize.
Sept.	1	Issued11,500shares of common stock for cash at $6per share.
Nov.	1	Issued3,000shares of preferred stock for cash at $108per share.

Journalize the transactions.(Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1


Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1


Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1


Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1


Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1


Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1


Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1

Post to the stockholders equity accounts.(Post entries in the order of journal entries presented in the previous part.)

Preferred Stock
Date	Explanation	Ref.	Debit	Credit	Balance
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Common Stock
Date	Explanation	Ref.	Debit	Credit	Balance
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Paid-in Capital in Excess of Par-Preferred Stock
Date	Explanation	Ref.	Debit	Credit	Balance
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Paid-in Capital in Excess of Stated Value-Common Stock
Date	Explanation	Ref.	Debit	Credit	Balance
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5
Jan. 10Mar. 1Apr. 1May 1Aug. 1Sept. 1Nov. 1		J5

Prepare the paid-in capital section of stockholders equity at December 31, 2017.(Enter the account name only and do not provide the descriptive information provided in the question.)

DELONG CORPORATION Balance Sheet (Partial) For the Month Ended December 31, 2017December 31, 2017For the Year Ended December 31, 2017
Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Paid-in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid-in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Paid-in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid-in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
	$

Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Paid-in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid-in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Paid-in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid-in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
	$

Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Paid-in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid-in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Paid-in CapitalProperty, Plant and EquipmentRevenuesStockholders' EquityTotal Additional Paid-in CapitalTotal AssetsTotal Capital StockTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Paid-in CapitalTotal Paid-in Capital and Retained EarningsTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity	$