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Shareholders' Equity The following are several of Graf Corporation's accounts at the end of 2019: Account Credit Balance Common Stock, $10 par $48,500 Bonds Payable
Shareholders' Equity
The following are several of Graf Corporation's accounts at the end of 2019:
Account | Credit Balance | |
Common Stock, $10 par | $48,500 | |
Bonds Payable (due 2020) | 120,000 | |
Additional Paid-in Capital on Preferred Stock | 32,700 | |
Retained Earnings | 199,000 | |
Premium on Bonds Payable | 17,800 | |
Unearned Rent | 4,300 | |
Preferred Stock, $100 par | $65,400 | |
Additional Paid-in Capital on Common Stock | 59,000 | |
Unfunded Accrued Pension Cost | 18,400 | |
Treasury Stock (cost) | (6,100) | debit |
Accumulated Other Comprehensive Income | 8,700 |
Required:
Prepare the shareholders' equity section of Graf's 2019 ending balance sheet.
GRAF CORPORATION | |
Shareholders' Equity Section of Balance Sheet | |
December 31, 2019 | |
Contributed Capital: | |
Preferred stock, $100 par | $fill in the blank 2 |
Common stock, $10 par | fill in the blank 4 |
Premium on preferred stock | fill in the blank 6 |
Premium on common stock | fill in the blank 8 |
Total contributed capital | $fill in the blank 9 |
Retained earnings | fill in the blank 11 |
Accumulated other comprehensive income | fill in the blank 13 |
Total | $fill in the blank 14 |
Less: Treasury stock (at cost) | fill in the blank 16 |
Total Shareholders' Equity | $fill in the blank 17 |
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