Current Attempt in Progress
The following accounts appear in the ledger of Pina Colada Corp. after the books are closed at December :
Common Stock, no par, $ stated value, shares authorized; shares issued $
Common Stock Dividends Distributable
Paidin Capital in Excess of Stated ValueCommon Stock
Preferred Stock, $ par value, shares authorized; shares issued
Retained Earnings
Treasury Stock common shares
Paidin Capital in Excess of ParPreferred Stock
Prepare the stockholders' equity section at December assuming retained earnings is restricted for plant expansion i amount of $ For capital stock first enter the preferred stock details. Enter account name only and do not provide descriptive information.
Pina Colada Corp.
Balance Sheet Partial
For the Year Ended December Ll