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Prepare stockholder's equity Kingbird Company reported the following amounts in the stockholders' equity section of its December 31, 2024, balance sheet. Preferred stock, 10%, $100

Prepare stockholder's equity

Kingbird Company reported the following amounts in the stockholders equity section of its December 31, 2024, balance sheet.


No. Account Titles and Explanation Debit Credit 1. 2. Treasury 5 tock 3. Land Treasury Stock Paid-in Capital from Treasury St


Retained Earnings 86,100 Common Stock Dividend Distributable Paid-in Capital in Excess of Par - Common Stock 6. Common Stock  


Prepare the December 31, 2025, stockholders equity section. Assume 2025 net income was ( $ 323.000 ). (Enter account name


Kingbird Company reported the following amounts in the stockholders' equity section of its December 31, 2024, balance sheet. Preferred stock, 10%, $100 par (10,000 shares authorized, 2,000 shares issued) Common stock, $5 par (108,000 shares authorized, 21,600 shares issued) Additional paid-in capital Retained earnings Total $200,000 108,000 119,000 419,000 $846,000

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