Sun Corporation received a charter that authorized the issuance of shares of $ par common stock and shares of $ par, percent cumulative preferred stock. Sun Corporation completed the following transactions during it first two years of operation.
Year
January Sold shares of the $ par common stock for $ per share.
April Sold shares of the percent preferred stock for $ per share.
December During shares of the $ par common stock for $ per share. dividend will be paid on February to stockholders of record on January Year
Year
February Paid the cash dividend declared on December Year
December Purchased shares of the common stock as treasufy stock at $ per share.
December expenses. common stock.
a Prepare the balance sheets at December Year and Year
tableBalance Sheet,As of December Year Total assets,,LiabilitiesTotal liabilities,,Stockholders equity,,Total paidin capital,,Total stockholders' equity,,Total liabilities and stockholders' equity,,
Required information
