Below is a listing of selected accounts for Lola Corporation. Required: Indicate
ID: 2546171 • Letter: B
Question
Below is a listing of selected accounts for Lola Corporation.
Required: Indicate the accounts that belong in the contributed capital section of the balance sheet for Lola Corporation.
Premium on preferred stock
Common stock subscribed
Preferred stock subscribed
Premium on bonds payable
Dividends
Bonds payable
Retained earnings
Accumulated other comprehensive income
Common stock, $10 par
Preferred stock 6%, $100 par
Premium on preferred stock
Common stock subscribed
Preferred stock subscribed
Premium on bonds payable
Dividends
Bonds payable
Retained earnings
Accumulated other comprehensive income
Common stock, $10 par
Preferred stock 6%, $100 par
Explanation / Answer
Indicate the accounts that belong in the contributed capital section of the balance sheet for Lola Corporation:
Preferred stock 6%, $100 par
Common stock subscribed
Common stock, $10 par
Preferred stock subscribed
Premium on preferred stock
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