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fill in the yellow Date 01.05.19 01.12.19 04.05.19 12.31.19 01.31.20 03.03.20 05.05.20 12.31.20 Description Issued 16,000 shares of $6 par common stock for $10 per
fill in the yellow
Date 01.05.19 01.12.19 04.05.19 12.31.19 01.31.20 03.03.20 05.05.20 12.31.20 Description Issued 16,000 shares of $6 par common stock for $10 per share. Issued 2,000 shares of the 5% preferred stock for $125 per share. issued 24,000 shares of $6 par common stock for $17 per share. Declared the cash dividend on outstanding shares of preferred stock for 2016. Paid the cash dividend declared on December 31, 2016 Issued 7,000 shares of $100 par preferred stock for $135 per share. Purchased 3,000 shares of common stock as treasury stock at $20 per share. Declared the dividend on the preferred stock and a $0.50 per share dividend on the common stock. Required: Using the various transactions listed above, determine the account balances that would appear in the Shareholders' Equity section of Sun Corporation's balance sheet at 12/31/20. Enter all answers except Treasury stock as positive Amount Account Preferred stock APIC - Preferred Common stock APIC - Common Dividends declared & paid Less: Treasury stock 035 Q36 Q37 038 Q39 040 Step by Step Solution
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