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I need help in preparing this PARTIAL BALANCE SHEET Apps Bookmarks Music https://www.youtub... Bookmarks Other bookmarks On December 31, 2016, Ivanhoe Company had 1,275,000 shares
I need help in preparing this PARTIAL BALANCE SHEET
Apps Bookmarks Music https://www.youtub... Bookmarks Other bookmarks On December 31, 2016, Ivanhoe Company had 1,275,000 shares of $7 par common stock issued and outstanding. At December 31, 2016, stockholders' equity had the amounts listed here. Common Stock $8,925,000 Additional Paid-in Capital 1,775,000 Retained Earnings 1,150,000 Transactions during 2017 and other information related to stockholders' equity accounts were as follows. 1. On January 10, 2017, issued at $114 per share 123,000 shares of $101 par value, 7% cumulative preferred stock. 2. On February 8, 2017, reacquired 18,200 shares of its common stock for $14 per share. 3. On May 9, 2017, declared the yearly cash dividend on preferred stock, payable June 10, 2017, to stockholders of record on May 31, 2017. 4. On June 8, 2017, declared a cash dividend of $1.70 per share on the common stock outstanding July 1, 2017 payable July 10, 2017, to stockholders of record on on 5. Net income for the year was $3,575,000. Prepare the stockholders' equity section of Ivanhoe balance sheet at December 31, 2017. 14 Music https://www.youtub... TldfkS Bookmarks Inbox (8)-kbw167... New Tab Other bookmarks IVANHOE COMPANY Partial Balance Sheet December 31, 2017 Stockholders' Equity Paid-in Capital Capital Stock Preferred Stock Common Stock Total Capital Stock Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Par Value-Common Stock Total Additional Paid-in Capital Desktop FFF +C ets/82d889e0-50b2-4e7a-b978-a769848b6ed.. Piayer : Bookmarks Apps Music https://www.youtub... Inbox (8)-kbw167... Bookmarks 5New Tab Other bookmarks Common Stock Total Capital Stock Additional Paid-in Capital Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Par Value-Common Stock Total Additional Paid-in Capital Total Paid-in Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less $ Total Stockholders' Equity eTextbook and Media
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