Reference no: EM132880204
Problem - Shareholders' Equity - The following are several of Graf Corporation's accounts at the end of 2019:
Account Credit Balance
Common Stock, $10 par $ 47,100
Bonds Payable (due 2020) 126,000
Additional Paid-in Capital on Preferred Stock 39,600
Retained Earnings 209,000
Premium on Bonds Payable 12,300
Unearned Rent 4,800
Preferred Stock, $100 par 65,400
Additional Paid-in Capital on Common Stock 53,900
Unfunded Accrued Pension Cost 18,400
Treasury Stock (cost) (7,600) debit
Accumulated Other Comprehensive Income 8,200
Required - Prepare the shareholders' equity section of Graf's 2019 ending balance sheet.