exercise 11-A

The following accounts appear in the edge of Ridgewood Inc. after the balanc ed December , 2016

accumulated other comprehensive loss 52,000

Common shares (unlimited number of the 528,000 heated)

Stock dividend distributale 52,800

Contributed surplus 26,400

Preferred shares (1.25 noncummulative, 102,000 shares authorized, 9,800 shares issued) retained earnings (of which 102,000 is restricted for a plant expansion)

prepare the shareholders equity section of Ridgewood statement of financial position

Practice Assignment Gradebook signment ES Exercise 11-9 Your answer is partially correct. Try again. The following accounts appear in the ledger of Ridgewood Inc. after the books are closed at December 31, 2018: ly Accumulated other comprehensive loss Common shares (unlimited number of shares authorized, 264,000 shares issued) Stock dividends distributable Contributed surplus Preferred shares ($1.25 noncumulative, 102,000 shares authorized, 9,800 shares issued) Retained earnings (of which $102,000 is restricted for a plant expansion) $52,000 528,000 52,800 26,400 245,000 924,000 Prepare the shareholders' equity sectinn of Ridgewood's statement of financial position. (Enter account name only and do a negative sign preceding the nunber e.g. -45 or parentheses e.g. (45).) RIDGEWOOD INC. Statement of Financial Position (Partial) December 31, 2018 Shareholders' Equity