Chapter 14, Problem 14.4AP

(a)

To determine

Stockholder’s Equity: Shareholder’s equity is also known as owner’s equity. It is a part of balance sheet other than assets and liabilities. It indicates the capital contributed by the owner of business.

Partial Balance Sheet: All companies in order to identify the financial position prepare the balance sheet. Partial balance sheet is an extract of the balance sheet used to show a particular section of the balance sheet.

To prepare: Stockholders’ equity section of the balance sheet as on March 31, 2017.

(b)

To determine

To prepare: Stockholders’ equity section of the balance sheet as on June 30, 2017.

(c)

To determine

To prepare: Stockholders’ equity section of the balance sheet as on September 30, 2017.

(d)

To determine

To prepare: Stockholders’ equity section of the balance sheet as on December 31, 2017.