Question
Pronghorn Corp has issued 96,000 shares of $ 5 par value common stock. It was authorized to sell 500,000 shares. The paid-in capital in excess
Pronghorn Corp has issued 96,000 shares of $ 5 par value common stock. It was authorized to sell 500,000 shares. The paid-in capital in excess of par on common stock is $ 260,000. The corporation has reacquired 7,300 common shares at a cost of $ 48,000 and is currently holding those shares. The corporation also has 2,400 shares issued and outstanding of 9%, $ 100 par value preferred stock. It was authorized 10,900 shares. The paid-in Capital in Excess of Par on the preferred stock is $ 24,000. Retained earnings is $ 379,000. Prepare the stockholders equity section of the balance sheet. (Enter account name only and do not provide descriptive information.)
PRONGHORN CORP Balance Sheet (Partial)
select an opening name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, 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 EquipmentAdditional Paid-in CapitalPaid-in CapitalCapital StockTotal Capital StockTotal Paid-in CapitalTotal Stockholders EquityTotal Additional Paid-in CapitalTotal Paid-in Capital and Retained Earnings
select an opening section name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, 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 EquipmentAdditional Paid-in CapitalPaid-in CapitalCapital StockTotal Capital StockTotal Paid-in CapitalTotal Stockholders EquityTotal Additional Paid-in CapitalTotal Paid-in Capital and Retained Earnings
select an opening name for subsection one Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, 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 EquipmentAdditional Paid-in CapitalPaid-in CapitalCapital StockTotal Capital StockTotal Paid-in CapitalTotal Stockholders EquityTotal Additional Paid-in CapitalTotal Paid-in Capital and Retained Earnings
enter a balance sheet item
$ enter a dollar amount
enter a balance sheet item
enter a dollar amount
select a closing name for subsection one Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, 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 EquipmentAdditional Paid-in CapitalPaid-in CapitalCapital StockTotal Capital StockTotal Paid-in CapitalTotal Stockholders EquityTotal Additional Paid-in CapitalTotal Paid-in Capital and Retained Earnings
$ enter a total amount for subsection one
select an opening name for subsection two Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, 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 EquipmentAdditional Paid-in CapitalPaid-in CapitalCapital StockTotal Capital StockTotal Paid-in CapitalTotal Stockholders EquityTotal Additional Paid-in CapitalTotal Paid-in Capital and Retained Earnings
enter a balance sheet item
enter a dollar amount
enter a balance sheet item
enter a dollar amount
select a closing name for subsection two
enter a total amount for subsection two
select a closing section name
enter a total amount for this section
enter a balance sheet item
enter a dollar amount
select a summarizing line for the first part Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, 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 EquipmentAdditional Paid-in CapitalPaid-in CapitalCapital StockTotal Capital StockTotal Paid-in CapitalTotal Stockholders EquityTotal Additional Paid-in CapitalTotal Paid-in Capital and Retained Earnings
enter a total amount for the first part
select between addition and deduction AddLess: enter a balance sheet item
enter a dollar amount
select a closing name for this part of the balance sheet
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