The following are selected accounts for the Alpha Dog Company after

all Fiscal Year December 31, 2016, adjusting entries & closing entries have been posted. All balances are normal.

On December 31, 2016, Common Stock was authorized 50,000 shares and Preferred Stock was authorized 5,000 shares. Prepare only the Stockholder’s Equity section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations.

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Account Amount Common Stock, $5 par $150,000
Treasury Stock, at cost $10 20,000
per share
Dividends Payable 5,000
Paid in Capital in excess of 30,000
par, Common Stock
Paid in Capital in excess of
pa r, Preferred Stock 3’500
Retained Earnings 140,000 Bonds Payable 75,000 Preferred Stock, $100 par, 5%
cumulative 35,000