Business, 02.04.2021 18:20 july00

The following stockholders' equity accounts arranged alphabetically are in the ledger of Wildhorse Co. at December 31, 2020. Common Stock ($12 stated value) $1,776,000
Paid-in Capital from Treasury Stock 6,700
Paid-in Capital in Excess of Par-Preferred Stock 48,700
Paid-in Capital in Excess of Stated Value-Common Stock 659,000
Preferred Stock (8%, $101 par, noncumulative) 414,100
Retained Earnings 782,000
Treasury Stock-Common (7,900 shares) 102,700

Required:
Prepare a stockholders' equity section at December 31, 2020.

Answers: 2

Show answers

Answers

Answer from: buddyben422

Wildhorse Co.

The stockholders' equity section of the Balance Sheet at December 31, 2020

Preferred Stock (8%, $101 par, noncumulative) 414,100

Paid-in Capital in Excess of Par-Preferred Stock 48,700

Common Stock ($12 stated value) 1,776,000

Paid-in Capital in Excess of Stated Value-Common Stock 659,000

Treasury Stock-Common (7,900 shares) (96,000)

Retained Earnings 782,000

Total stockholders' equity $3,583,800

Explanation:

a) Data:

Preferred Stock (8%, $101 par, noncumulative) 414,100

Paid-in Capital in Excess of Par-Preferred Stock 48,700

Common Stock ($12 stated value) 1,776,000

Paid-in Capital in Excess of Stated Value-Common Stock 659,000

Treasury Stock-Common (7,900 shares) (96,000)

Retained Earnings 782,000

Total stockholders' equity $3,583,800

b) The major components of the stockholders' equity include the stock accounts, paid-in capital, retained earnings, and the treasury stock. The stockholders' equity represents the difference between the assets and the liabilities of Wildhorse Co. The equity section shows the capital contributions of Wildhorse stockholders and the accumulated retained profits.

Answer from: Quest

a) both were commissioned explorers

Answer from: Quest

My first question is what benefits do you expect to achieve from career exploration? the benefits that i expect to achieve from career exploration. for me i think the benefits of exploring many different careers are that you get exposed to more, so it's easier for you to pick which one you like best. another benefit is that you get a more first hand view of what jobs are more likely to be needed in the future and that can be factored into your consideration. my second question is what do you expect to be the most challenging parts of your career planning process? why? the most challenging parts of my career planning process is trying to get things in order and trying to write this paragraph it is confusing and, hard work. and last but not least my third question is i think the most challenging part is taking the first step and really deciding on a career you want to pursue; there are so many options and it can be hard to choose.which jobs will allow me to make a living? ; what skills does emergency medical technician emergency medical services medical » physiology require?

Another question on Business

Business, 22.06.2019 04:00

Don’t give me to many notifications because it will cause you to lose alot of points

Answers: 1

Answer

Business, 22.06.2019 08:30

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Answers: 3

Answer

Business, 22.06.2019 09:30

What are two benefits of consumer programs

Answers: 2

Answer

Business, 22.06.2019 11:00

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

Answers: 1

Answer

You know the right answer?

The following stockholders' equity accounts arranged alphabetically are in the ledger of Wildhorse C...

Questions