Prepare the stockholders equity section

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Question - The following are selected accounts for the Alpha Dog company after all fiscal year December 31,2016. Adjustung entries &closing entries have been posted. All balances are normal.

Account                                                                    Amount

Common Stock, 5 Per                                                $140,000

Treasury Stock, at cost $10 per share                         $25,000

Dividens Payable                                                       7,0000

Paid in Capital in excess of par, Common Stock           30,000

Paid in Capital in excess of par, Prefered Stock            4,500

Retained Earnings                                                      150,000

Bonds Payable                                                           $5,000

Prefered Stock, $100 par, 5% cumulative                     45,000

On December 31, 2016, Common Stock was authorized 50,000 shares and Preferred Stock was authorized 5,000 shares. Prepare only  the Stockholders's Equity section of the Classified Balance Sheet for the year end. Be sure to use a goo format, dollar signs and single underlines were required.

Reference no: EM131640783

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