Shareholders' Equity The following are several of Graf Corporation's accounts at the end of 2019 Account Credit Balance Common Stock, $1O par $51,700 Bonds Payable (due 2020) 134,000 Additional Paid-in Capital on Preferred Stock 40,000 Retained Earnings 155,000 Premium on Bonds Payable 12,300 Unearned Rent 4,300 Preferred Stock, $100 par $77,800 Additional Paid-in Capital on Common Stock 58,500 Unfunded Accrued Pension Cost 19,700 Treasury Stock (cost) (5,000) debit Accumulated Other Comprehensive Income 7,400 Required:

Shareholders' Equity The following are several of Graf Corporation's accounts at the end of 2019 Account Credit Balance Common Stock, $1O par $51,700 Bonds Payable (due 2020) 134,000 Additional Paid-in Capital on Preferred Stock 40,000 Retained Earnings 155,000 Premium on Bonds Payable 12,300 Unearned Rent 4,300 Preferred Stock, $100 par $77,800 Additional Paid-in Capital on Common Stock 58,500 Unfunded Accrued Pension Cost 19,700 Treasury Stock (cost) (5,000) debit Accumulated Other Comprehensive Income 7,400 Required:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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