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From the following alphabetical list of selected accounts taken from the general ledger of Denniston Corporation as of December 31, 2020. select the accounts
From the following alphabetical list of selected accounts taken from the general ledger of Denniston Corporation as of December 31, 2020. select the accounts that are part of shareholders' equity. Then prepare the shareholders' equity section of the balance sheet on December 31, 2020. Accounts receivable Cash dividends payable 50,000 20,000 Common shares, 20,000 shares outstanding 550,000 Inventory 75,000 Note payable 25,000 Notes receivable 20,000 Preferred shares, $10 cumulative, 1,000 shares outstanding 250,000 Retained earnings 250,000 Unearned revenue SHAREHOLDERS' EQUITY Contributed Capital: 15,000 Denniston Corportation Partial Balance Sheet Deember 31, 2020 $250000
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