Cheyenne Corp. has issued 91,000 shares of $5 par value common
stock. It was authorized 499,000 shares. The paid-in capital in
excess of par value on the common stock is $264,000. The
corporation has reacquired 6,700 shares at a cost of $55,000 and is
currently holding those shares. It also had accumulated other
comprehensive income of $67,000.
The corporation also has 1,700 shares issued and outstanding of 8%,
$104 par value preferred stock. It was authorized 10,900 shares.
The paid-in capital in excess of par value on the preferred stock
is $22,800. Retained earnings is $369,000.
Prepare the stockholders’ equity section of the balance sheet.
(Enter account name only and do not provide descriptive
information.)
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 | ||||||
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select an opening subsection 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 the subordinate part 1 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 |
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enter a balance sheet item | enter a dollar amount | |||||
select a closing name for the subordinate part 1 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 subtotal of the two previous amounts | |||||
select an opening name for the subordinate part 2 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 the subordinate part 2 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 subtotal of the two previous amounts | |||||
select a closing subsection 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 |
enter a subtotal amount for this subsection |
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enter a balance sheet item | enter a dollar amount | |||||
select a summarizing line for this part of the statement 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 subtotal of the two previous amounts |
|||||
enter a balance sheet item |
enter a dollar amount |
|||||
select between addition and deduction AddLess: enter a balance sheet item |
enter a dollar amount | |||||
select a closing 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 |
$enter a total amount for this section |
eTextbook and Media
Solution:
Cheyenne Corp. | ||
Partial Balance Sheet | ||
Stockholders' Equity: | ||
Paid in Capital: | ||
Capital Stock: | ||
Preferred Stock (1700*$104) | $1,76,800 | |
Common Stock (91000*$5) | $4,55,000 | |
Total capital Stock | $6,31,800 | |
Additional Paid in Capital: | ||
Paid in Capital in excess of Par -Preferred Stock | $22,800 | |
Paid in Capital in excess of Par -Common Stock | $2,64,000 | |
Total Additional paid in Capital | $2,86,800 | |
Total paid in Capital | $9,18,600 | |
Add: reatained earnings | $3,69,000 | |
Total paid in Capital and retained earnings | $12,87,600 | |
Accumulated Other Comprehensive Income | $67,000 | |
Less: Treasury Stock | $55,000 | |
Total Stockholder's Equity | $12,99,600 |
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