Given the Following List of General Ledger Accounts for the Castinet

question 42

Essay

Given the following list of general ledger accounts for the Castinet Company,pick the appropriate accounts and show how they would be reported (using the proper headings and format)in the stockholders' equity section of the statement of financial position.
Accounts Receivable
Accounts Payable
Accumulated Depreciation-Buildings
Administrative Expenses
Allowance for Uncollectible Accounts
Available-for-Sale Securities
Bonds Payable
Buildings
Cash
Common Stock
Cost of Goods Sold
Customer Deposits
Deferred Income Tax Payable
Discount on Bonds Payable
Finished Goods
Gain on Sale of Equipment
Income Tax Payable
Interest Income
Lease Obligations
Loss on Sale of Bonds
Paid-in-Capital in Excess of Par
Paid-in-Capital from Treasury Stock Transactions
Preferred Stock
Prepaid Expenses
Retained Earnings
Sales
Selling Expenses
Trading Securities
Treasury Stock
Unrealized Gains and Losses

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Definitions:

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