Exercise 11 The following accounts appear in the ledger of Ozabal Inc. aftor tha
ID: 2559309 • Letter: E
Question
Exercise 11 The following accounts appear in the ledger of Ozabal Inc. aftor tha hooks are closed at Decamber 31, 2013 -9 $43,940 ,aD 51,510 Accumulated other comprehensive loss Comman shares (unlimited numher of shares authorizad, 252,8D0 shares issued) Stock dividends distributable Additional contributed capital Preferred shares ($1.25 rnoncumulative, 101,600 sthares authorized, 11,470 shares issued) 296,750 Retained eanings (of which $101,600 is restricted for a plant expanslon) 904,500 Prepare the sharcholders equity section af Ozabals statement a e.g. (45).) of financial position. nter account name ony and do not provide descriptive informationn. Enter negative amounts using either a ncgative sign preceding the number c.g. -45 or parenthesesExplanation / Answer
Statement of financial position
December 31,2015
Statement of financial position
December 31,2015
Stockholders equity Paid in capital Issued and outstanding Preferred shares 286750 common shares 505600 Additional contributed capital 25670 Total paid in capital 818020 Retained earning 904500 Total paid in capital and Retained earning 1722520 stock dividend distributable 51510 Accumulated other comprehensive loss (48940) stockholders equity 1725090Related Questions
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