Given the following information for Fox Company: Bonds payable $ 50 , 000 Common stock 20 , 000 Premium on preferred stock 9 , 000 Long-term investments in equity securities held for sale 10 , 000 Preferred stock subscribed 22 , 000 Retained earnings 53 , 500 Premium on common stock 28 , 460 Common stock subscribed 3 , 800 Subscriptions receivable: preferred stock 7 , 000 Premium on bonds payable 4 , 000 Preferred stock 40 , 000 Temporay investments in equity securitie sheld for sale 15 , 000 Subscriptionsreceivable: common stock 5 , 600 \begin{array}{ll} ext { Bonds payable } & \$ 50,000 \ ext { Common stock } & 20,000 \ ext { Premium on preferred stock } & 9,000 \ ext { Long-term investments in equity securities held for sale } & 10,000 \ ext { Preferred stock subscribed } & 22,000\ ext { Retained earnings } & 53,500 \ ext { Premium on common stock } & 28,460 \ ext { Common stock subscribed } & 3,800 \ ext { Subscriptions receivable: preferred stock } & 7,000 \ ext { Premium on bonds payable } & 4,000 \ ext { Preferred stock } & 40,000 \ ext { Temporay investments in equity securitie sheld for sale } & 15,000 \ ext { Subscriptionsreceivable: common stock } & 5,600\end{array} Bonds payable Common stock Premium on preferred stock Long-term investments in equity securities held for sale Preferred stock subscribed Retained earnings Premium on common stock Common stock subscribed Subscriptions receivable: preferred stock Premium on bonds payable Preferred stock Temporay investments in equity securitie sheld for sale Subscriptionsreceivable: common stock $50 , 000 20 , 000 9 , 000 10 , 000 22 , 000 53 , 500 28 , 460 3 , 800 7 , 000 4 , 000 40 , 000 15 , 000 5 , 600 Required:Compute the total amount of contributed capital for Fox Company.

Question

Given the following information for Fox Company:  Bonds payable  $ 50 , 000  Common stock  20 , 000  Premium on preferred stock  9 , 000  Long-term investments in equity securities held for sale  10 , 000  Preferred stock subscribed  22 , 000  Retained earnings  53 , 500  Premium on common stock  28 , 460  Common stock subscribed  3 , 800  Subscriptions receivable: preferred stock  7 , 000  Premium on bonds payable  4 , 000  Preferred stock  40 , 000  Temporay investments in equity securitie sheld for sale  15 , 000  Subscriptionsreceivable: common stock  5 , 600 \begin{array}{ll}	ext { Bonds payable }  &  \$ 50,000 \	ext { Common stock }  &  20,000 \	ext { Premium on preferred stock }  &  9,000 \	ext { Long-term investments in equity securities held for sale }  &  10,000 \ 	ext { Preferred stock subscribed }  &  22,000\	ext { Retained earnings }  &  53,500 \	ext { Premium on common stock }  &  28,460 \	ext { Common stock subscribed }  &  3,800 \	ext { Subscriptions receivable: preferred stock }  &  7,000 \	ext { Premium on bonds payable }  &  4,000 \	ext { Preferred stock }  &  40,000 \	ext { Temporay investments in equity securitie sheld for sale }  &  15,000 \	ext { Subscriptionsreceivable: common stock }  &  5,600\end{array}  Bonds payable   Common stock   Premium on preferred stock   Long-term investments in equity securities held for sale   Preferred stock subscribed   Retained earnings   Premium on common stock   Common stock subscribed   Subscriptions receivable: preferred stock   Premium on bonds payable   Preferred stock   Temporay investments in equity securitie sheld for sale   Subscriptionsreceivable: common stock  ​ $50 , 000 20 , 000 9 , 000 10 , 000 22 , 000 53 , 500 28 , 460 3 , 800 7 , 000 4 , 000 40 , 000 15 , 000 5 , 600 ​   Required:Compute the total amount of contributed capital for Fox Company.

cindy ciruta · Accepted Answer

Final Answer : $123, 260 ($20, 000 + $9, 000 + $22, 000 + $28, 460 + $3, 800 + $40, 000)

Definitions

Learning Objectives

Learning Objectives

Related questions