Problem 14-4A On January 1, 2014, Ven Corporation had the following stockholders
ID: 2420546 • Letter: P
Question
Problem 14-4A
On January 1, 2014, Ven Corporation had the following stockholders’ equity accounts.
During the year, the following transactions occurred.
(Enter account name only and do not provide descriptive information.)
(a) Prepare the stockholders’ equity section of the balance sheet at March 31.
VEN CORPORATION
Partial Balance Sheet
March 31, 2014
_____________________
_____________________
_____________________
________________ $_________________
________________ $_________________
_____________________ $__________________
(b) Prepare the stockholders’ equity section of the balance sheet at June 30.
VEN CORPORATION
Partial Balance Sheet
June 30, 2014
_____________________
_____________________
_____________________
________________ $_________________
________________ $_________________
_____________________ $__________________
(c) Prepare the stockholders’ equity section of the balance sheet at September 30.
VEN CORPORATION
Partial Balance Sheet
September 30, 2014
_____________________
_____________________
_____________________
________________ $_________________
________________ $_________________
_____________________ $__________________
VEN CORPORATION
Partial Balance Sheet
December 31, 2014
_____________________
_____________________
_____________________
________________ $_________________
________________ $_________________
_____________________ $__________________
Common Stock (no par value, 86,000 shares issued and outstanding) $1,396,800 Retained Earnings 528,200Explanation / Answer
a Ven Corporation Partial Balance Sheet Mar 31.2014. Stockholders Equity Amt $ Common Stock (no par value ,86000 issued and outstanding ) 1,396,800 Retained Earning 442,200 Total Stockholders Equity 1,839,000 b Ven Corporation Partial Balance Sheet June 31.2014. Stockholders Equity Amt $ Common Stock (no par value ,258000 issued and outstanding ) 1,396,800 Retained Earning 442,200 Total Stockholders Equity 1,839,000 c Ven Corporation Partial Balance Sheet Sep 3o.2014. Stockholders Equity Amt $ Common Stock (no par value ,270900 issued and outstanding , out of this 12900 stock dividend @$11 par share) 1,538,700 Retained Earning 300,300 Total Stockholders Equity 1,839,000 d Ven Corporation Partial Balance Sheet Dec31..2014. Stockholders Equity Amt $ Common Stock (no par value ,270900 issued and outstanding , out of this 12900 stock dividend @$11 par share) 1,538,700 Retained Earning 110,670 Total Stockholders Equity 1,649,370