elow is a list of accounts and final balances for Quiet Company as of December 31, 2009.
|Common Stock=$225,000||Long term notes Receivables=$85,000||Bonds Payable=$120,000||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||Donated Capital=$63,000||Preferred Stock=$100,000|
|Dividends on Common Stock=$23,000||Dividends on Preferred Stock=$15,000||Treasury Stock=$50,000||Retained earnings=$200,000|
- 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.