United Apparel has the following balances in its stockholders' equity accounts on December 31, 2021: Treasury Stock, $700,000; Common Stock, $450,000; Preferred Stock, $2,100,000; Retained Earnings, $1,450,000; and Additional Paid-in Capital, $7,300,000. Required: Prepare the stockholders' equity section of the balance sheet for United Apparel as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.)

Answer and Explanation:

The preparation of stockholders' equity is shown below:-

Stockholder's equity Statement

December 31, 2021

Particulars                               Amount ($)

Paid-in capital  

Preferred Stock                      $2,100,000

Common Stock                       $450,000

Additional paid in capital       $7,300,000

Total paid in capital                $9,850,000

Add:Retained earnings           $1,450,000

sub total                                    $11,300,000

Less: Treasury stock                $700,000

Total stockholders' equity      $10,600,000

an important city to the south and the region's capital is c. kiev

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!