elow is a list of accounts and final balances for
as of December 31, 2009.
Long term notes Receivables=$85,000
Discount on bonds payable=$45,000
Preferred Stock Subscribed=
Additional Paid in Capital Common Stock=$850,000
Additional Paid in Capital Preferred Stock=$20,000
Common Stock Subscribed=$120,000
Investments in Debt Securities=$45,000
Dividends on Common Stock=$23,000
Dividends on Preferred Stock=$15,000
- Common Stock has a par value of $5 per share. There are 60,000 shares authorized by the company and 45,000 shares issued and outstanding and 4,000 shares subscribed at $30 a share
- Preferred stock is 5% non-cumulative has a par value of $10 a share. 15,000 shares have been authorized and 10,000 are issued and outstanding. 1000 shares have been prescribed at $60 a share.