Question

The financial statements of Mountainpeak Employment Services, Inc., reported the following accounts (adapted, with dollar amounts in thousands except for par value): (Click the icon to view the account information.) Requirement 1. Net income has already been closed to Retained Earnings. Prepare the stockholders' equity section of Mountainpeak's balance sheet. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet. Enter all amounts as they are shown in the data table. Enter dollar amounts, except for par value and number of shares, in thousands. Use parentheses or a minus sign for numbers to be subtracted.) Balance Sheet (Partial) Stockholders' Equity (in thousands) s par, shares Total paid-in capital Total stockholders' equity i Data Table ... Paid-in capital in excess of par Other stockholders' equity (negative) Common stock, $0.01 par 300,000 shares issued Long-term debt. 200 Total revenues .......$ (25) Accounts payable.... Retained earnings 3 Other current liabilities ... 1,330 440 649 2,570 26 Total expenses..... Print Done

Answer 1

to 30000 shares issued Balance sheet (Partial) stockholderis Equity. I common stock 8.0. Paid in capital in exes of par Total paid in capital Retained fatninge other stockholder's equity Total stock holde $ 300 $ 200 $ 500 $649 $(25) $1,124