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please answer the liabilitys and stockholders equity part of the balance sheet using the following information here is the stock holders and liabliltys ortion for
please answer the liabilitys and stockholders equity part of the balance sheet using the following information here is the stock holders and liabliltys ortion for the balance sheet! usimg the i formation above to answer the following questions on yhe balance sheet Comprehensive Problem 4 Part 2: Note: You must complete part 1 before part 2. After all of the transactions for the year ended December 31, 20Y8, had been posted [including the transactions recorded in part (1) and all adjusting entries], the data below were taken from the records of Equinox Products Inc. Unless otherwise stated, assume a December 31 balance after adjusting entries. Office salaries expense Office supplies expense Sales Sales commissions Sales salaries expense Store supplies expense 5,313,000185,000385,00021,000 Retained earnings and balance sheet data: Accounts payable Accounts receivable $194,300 545,000 Accumulated depreciation-office buildings and equipment Accumulated depreciation-store buildings and equipment Allowance for doubtful accounts Bonds payable, 5%, due in 10 years Cash Common stock, $20 par (400,000 shares authorized; 85,000 shares issued, 94,600 outstanding), January 1,20Y81,700,000 Dividends: Cash dividends for common stock 155,120 Cash dividends for preferred stock 100,000 Goodwill 700,000 Goodwill Income tax payable Interest receivable Inventory (December 31, 20Y8), at lower of cost (FIFO) or market 778,000 Office buildings and equipment 700,000 44,000 1,200 778,000 4,320,000 Paid-in capital from sale of treasury stock, January 1,20 Y 8 Paid-in capital in excess of par-common stock, January 1,20Y8736,800 Paid-in capital in excess of par-preferred stock, January 1, 20Y8 70,000 Preferred 5% stock, $80 par (30,000 shares authorized; 16,000 shares issued), January 1,20 Y 1,280,000 Premium on bonds payable Prepaid expenses Retained earnings, January 1, 20 Y8 Store buildings and equipment 12,560,000 Treasury stock, January 1, 20 Y8 0 Current liabilities: Accounts payable Income tax payable Total current liabilities $238,300$194,30044,000 Long-term liabilities: Stockholders' Equity Paid-in capital: Preferred 5% stock.$ Excess of issue price over par Paid-in capital, preferred stock Common stock $ Excess of issue price over par Paid-in capital, common stock From sale of treasury stock 0 Total paid-in capital Total stockholders' equity Total liabilities and Stockholders' Equity
here is the stock holders and liabliltys ortion for the balance sheet!
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