Unearned rent Retained earnings (unrestricted) Common stock, $5 par Premium on bonds payable Bonds payable Additional paid-in capital on common stock Treasury stock, at cost Retained earnings restricted for plant expansion Sinking fund for bond retirement Required: Prepare the shareholders' equity section of the balance sheet for Meyers. $4,500 141,000 150,000 1,800 28,000 55,000 29,000 17,000 31,250

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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20XX:
Unearned rent
Retained earnings (unrestricted)
Common stock, $5 par
Premium on bonds payable
Bonds payable
Additional paid-in capital on common stock
Treasury stock, at cost
Retained earnings restricted for plant expansion
Sinking fund for bond retirement
Required:
Prepare the shareholders' equity section of the balance sheet for Meyers.
$4,500
141,000
150,000
1,800
28,000
55,000
29,000
17,000
31,250
Transcribed Image Text:20XX: Unearned rent Retained earnings (unrestricted) Common stock, $5 par Premium on bonds payable Bonds payable Additional paid-in capital on common stock Treasury stock, at cost Retained earnings restricted for plant expansion Sinking fund for bond retirement Required: Prepare the shareholders' equity section of the balance sheet for Meyers. $4,500 141,000 150,000 1,800 28,000 55,000 29,000 17,000 31,250
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