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Question 6 your answer is partially correct. Try again. The following accounts appear in the ledger of Cheyenne Ltd. after the books are closed at
Question 6 your answer is partially correct. Try again. The following accounts appear in the ledger of Cheyenne Ltd. after the books are closed at December 31. Share Capital - Ordinary, no par, 2 stated value, 376,200 shares 593,200 authorized; 296,600 shares issued Ordinary Share Dividends Distributable 32,520 Share Premium-Ordinary 1,134,600 Share Capital-Preference, 6 par value, 8%, 35,350 shares authorized; 29,760 shares 178,560 issued Retained Earnings 770,000 Treasury Shares-Ordinary (10,700 shares) 74,900 Share Premium-Preference 54,222 CHEYENNE LTD. Statement of Financial Position (Partial) December 31, 200X Equity Share Capital-Ordinary Share Capital-Preference 7 X Ordinary Share Dividends Share Premium-Ordinary Share Premium-Preference LUUUUUU Retained Earnings Less Treasury Shares Total Equity
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