Equity Section of the Balance Sheet - Analysis and JEs The stockholders' equity category of Frost Company's December 31, 2019 balance sheet in the first year of operations appears below. Preferred stock, 500,000 shares authorized, 6.25%, 750,000 150,000 shares issued and outstanding Common stock, $0.50 par value, 800,000 shares authorized, 110,000 220,000 shares issued, 180,000 shares outstanding Additional paid in capital - common stock Total contributed capital Retained earnings Treasury stock - common stock Total stockholders' equity 2,420,000 3,280,000 2,000,000 (440,000) 4,840,000
Equity Section of the Balance Sheet - Analysis and JEs The stockholders' equity category of Frost Company's December 31, 2019 balance sheet in the first year of operations appears below. Preferred stock, 500,000 shares authorized, 6.25%, 750,000 150,000 shares issued and outstanding Common stock, $0.50 par value, 800,000 shares authorized, 110,000 220,000 shares issued, 180,000 shares outstanding Additional paid in capital - common stock Total contributed capital Retained earnings Treasury stock - common stock Total stockholders' equity 2,420,000 3,280,000 2,000,000 (440,000) 4,840,000
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 1MC: Cash dividends on the 10 par value common stock of Garrett Company were as follows: The 4th-quarter...
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