[debbie50]

Peelers corp develop the stockholders equity category of balance sheet as of dec 31 2010 indicate on statement the nuimber of shares authorized,issued and outstanding for both preferred stock and common stk

Issued 500 shares of preferred at 120.
Issued for cash 4000 shares of common stock at 8acquired 80. Per share
Issued 1000 shares common stk to acquoire a blding stock selling for 70 pr share
Acquired 500 common stk at 60 per share as treasurey stock
Resold 100 shares of treasure stk at 65 per share
Net income for the year 40000.
Eclared not paid the 7% or 7.00 per share dividend on preferred stk
Declared not paid a 5.00 dividend per share on common stk no dividend paid on the shares of treasury stk

[debbie50]

How do I enter all of the info on the required sheets

[Curlyben]

What do YOU think.
We are happy to HELP, but we won't do the work for you.