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.



Account



Amount


Common Stock, $5 par


$150,000


Treasury Stock, at cost $10 per share


20,000


Dividends Payable


5,000


Paid in Capital in excess of par, Common Stock


30,000


Paid in Capital in excess of par, Preferred Stock


3,500


Retained Earnings


140,000


Bonds Payable


75,000


Preferred Stock, $100 par, 5% cumulative


35,000


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.


How would I go about finding the correct process to answer this?