Question
Flounder Corp. has these accounts at December 31: Common Stock, $12 par, 5,000 shares issued, $60,000; Paid-in Capital in Excess of Par Value $18,500; Retained
Flounder Corp. has these accounts at December 31: Common Stock, $12 par, 5,000 shares issued, $60,000; Paid-in Capital in Excess of Par Value $18,500; Retained Earnings $43,500; and Treasury Stock, 450 shares, $9,900. Prepare the stockholders equity section of the balance sheet.
Flounder Corp. Balance Sheet (Partial) December 31 | ||
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select an opening section name Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings | ||
select an opening subsection name Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings | ||
select a name of the subordinate part of this subsection Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings | ||
enter a balance sheet item | $enter a dollar amount | |
select a name of the subordinate part of this subsection Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings | ||
enter a balance sheet item | enter a dollar amount | |
select a closing subsection name Additional Paid-in Capital Capital Stock Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Net Income / (Loss) Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity Paid-in Capital Total Paid-in Capital Total Paid-in Capital and Retained Earnings | enter a subtotal of the two previous amounts | |
enter a balance sheet item | enter a dollar amount | |
select a summarizing line for this part of the statement Additional Paid-in Capital Capital Stock Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Net Income / (Loss) Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity Paid-in Capital Total Paid-in Capital Total Paid-in Capital and Retained Earnings | enter a subtotal amount for this part of the statement | |
select between addition and deduction AddLess : enter a balance sheet item | enter a dollar amount | |
select a closing section name Additional Paid-in Capital Capital Stock Current Assets Current Liabilities Expenses Intangible Assets Long-term Investments Long-term Liabilities Net Income / (Loss) Property, Plant and Equipment Revenues Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Expenses Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Revenues Total Stockholders' Equity Paid-in Capital Total Paid-in Capital Total Paid-in Capital and Retained Earnings | $enter a total amount for this section |
SHOW LIST OF ACCOUNTS |
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