Accountng ssistance needed
Sweetest Honey
i-14.01-2.pdf
(a)
DEBT OPTION:
BRANFORD CORPORATION Balance Sheet
August 15, 20X4
Assets
Cash $ -
Accounts receivable 250,000
Inventory 750,000
Property, plant, & equipment (net) 860,000
Total assets $ -
Liabilities
Accounts payable $ 125,000
Accrued liabilities 260,000
Notes payable -
Total liabilities $ -
Stockholders’ equity
Common stock, $5 par $ -
Paid-in capital in excess of par -
Retained earnings 310,000
Total stockholders’ equity - Total liabilities and equity $ -
I-14.01 Equity structure and impact
COMMON STOCK OPTION:
BRANFORD CORPORATION Balance Sheet
August 15, 20X4
Assets
Cash $ -
Accounts receivable 250,000
Inventory 750,000
Property, plant, & equipment (net) 860,000
Total assets $ -
Liabilities
Accounts payable $ 125,000
Accrued liabilities 260,000
Notes payable -
Total liabilities $ -
Stockholders’ equity
Common stock, $5 par $ -
Paid-in capital in excess of par -
Retained earnings 310,000
Total stockholders’ equity - Total liabilities and equity $ -
NONCUMULATIVE PREFERRED STOCK OPTION:
BRANFORD CORPORATION Balance Sheet
August 15, 20X4
Assets
Cash $ -
Accounts receivable 250,000
Inventory 750,000
Property, plant, & equipment (net) 860,000
Total assets $ -
Liabilities
Accounts payable $ 125,000
Accrued liabilities 260,000
Notes payable -
Total liabilities $ -
Stockholders’ equity
Preferred stock, 8% noncumulative $ -
Common stock, $5 par -
Paid-in capital in excess of par -
Retained earnings 310,000
Total stockholders’ equity - Total liabilities and equity $ -
CUMULATIVE PREFERRED STOCK OPTION: BRANFORD CORPORATION
Balance Sheet August 15, 20X4
Assets
Cash $ -
Accounts receivable 250,000
Inventory 750,000
Property, plant, & equipment (net) 860,000
Total assets $ -
Liabilities
Accounts payable $ 125,000
Accrued liabilities 260,000
Notes payable -
Total liabilities $ -
Stockholders’ equity
Preferred stock, 6% cumulative $ -
Common stock, $5 par -
Paid-in capital in excess of par -
Retained earnings 310,000
Total stockholders’ equity - Total liabilities and equity $ -
CONVERTIBLE PREFERRED STOCK OPTION: BRANFORD CORPORATION
Balance Sheet August 15, 20X4
Assets
Cash $ -
Accounts receivable 250,000
Inventory 750,000
Property, plant, & equipment (net) 860,000
Total assets $ -
Liabilities
Accounts payable $ 125,000
Accrued liabilities 260,000
Notes payable -
Total liabilities $ -
Stockholders’ equity
Preferred stock, 4% convertible/cumulative $ -
Common stock, $5 par -
Paid-in capital in excess of par -
Retained earnings 310,000
Total stockholders’ equity - Total liabilities and equity $ -
(b)
(c)
(d)
(e)
(f )
