Question

Swifty Corporation has these accounts at December 31: Common Stock, $12 par, 6,600 shares issued, $79,200; Paid-in Capital in Excess of Par Value $20,100; Retained Earnings $45,100; and Treasury Stock, 610 shares, $13,420.

Prepare the stockholders’ equity section of the balance sheet.

Swifty Corporation Balance Sheet (Partial) December 31
select an opening section name                                                          Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings
select an opening subsection name                                                          Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings
select a name of the subordinate part of this subsection                                                          Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings
enter a balance sheet item		$enter a dollar amount
select a name of the subordinate part of this subsection                                                          Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings
enter a balance sheet item		enter a dollar amount
select a closing subsection name                                                          Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings		enter a subtotal of the two previous amounts
enter a balance sheet item		enter a dollar amount
select a summarizing line for this part of the statement                                                          Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings		enter a subtotal amount for this part of the statement
select between addition and deduction                                                          AddLess: enter a balance sheet item		enter a dollar amount
select a closing section name                                                          Additional Paid-in CapitalCapital StockCurrent AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' EquityPaid-in CapitalTotal Paid-in CapitalTotal Paid-in Capital and Retained Earnings		$enter a total amount for this section

Answer 1

Answer
Swifty Corporation
Balance Sheet (Partial)
Dec-31
Stockholders' equity
Paid-in capital
Capital Stock
Common Stock	$         79,200
Additional paid-in capital
In excess of par value-common stock	$         20,100
Total paid-capital	$         99,300
Retained earnings	$         45,100
Total paid-in capital and retained earnings	$       144,400
Less: Treasury stock - common	$         13,420
Total stockholders' equity	$       130,980
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