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Prepare a statement of stockholders' equity for the year ended December 31, 20Y9. If an amount box does not require an entry, leave it blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20Y9 Common Paid-In Stock Capital in Excess of Par Treasury Retained $40 Par Stock Earnings Total Balance, Jan. 1, 20Y9 4,800,000 v $ 960,000 V 11,375,000 17,135,000 Issued 30,000 shares of Common Stock 1,200,000 300,000 V 1,500,000 Purchased 12,000 shares as Treasury Stock -480,000 x -552,000 Net Income 3,780,000 3,780,000 Dividends -276,000 v -276,000 6,000,000 v 1,260,000 -552,000 v 14,879,000 V Balance, Dec. 31, 20Y9 21,587,000 Feedback

Prepare a statement of stockholders' equity for the year ended December 31, 20Y9. If an amount box does not require an entry, leave it blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20Y9 Common Paid-In Stock Capital in Excess of Par Treasury Retained $40 Par Stock Earnings Total Balance, Jan. 1, 20Y9 4,800,000 v $ 960,000 V 11,375,000 17,135,000 Issued 30,000 shares of Common Stock 1,200,000 300,000 V 1,500,000 Purchased 12,000 shares as Treasury Stock -480,000 x -552,000 Net Income 3,780,000 3,780,000 Dividends -276,000 v -276,000 6,000,000 v 1,260,000 -552,000 v 14,879,000 V Balance, Dec. 31, 20Y9 21,587,000 Feedback

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Dividends and treasury stock еВook 5. PE.13.05A.BLANKSHEET Dec. 31 09,000pec. 31 DIVIuenu balance 14,879,000 6. PE.13.05B Prepare a statement of stockholders' equity for the year ended December 31, 20Y9. If an amount box does not require an entry, leave it blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. 7. PE.13.06A I-Cards Inc. Statement of Stockholders' Equity 8. PE.13.06B For the Year Ended December 31, 20Y9 9. PE.13.07A.BLANKSHEET Common Paid-In Stock Capital in 10. PE.13.07B Treasury Retained $40 Par Excess of Par Stock Earnings Total 11. EX.13.13 Balance, Jan. 1, 20Y9 4,800,000 V 960,000 11,375,000 17,135,000 12. EX.13.14 Issued 30,000 shares of Common Stock 1,200,000 V 300,000 1,500,000 Purchased 12,000 shares as Treasury Stock -480,000 x -552,000 V 13. EX.13.15 Net Income 3,780,000 3,780,000 V 14. EX.13.17 Dividends -276,000 -276,000 6,000,000 -552,000 14,879,000 V Balance, Dec. 31, 20Y9 1,260,000 21,587,000 15. EX.13.18 16. EX.13.19 Feedback Check My Work 17. EX.13.20 Recall that a statement of stockholders' equity is normally prepared in a columnar format, with columns for common stock, paid-in capital in 18. EX.13.22 excess of par, treasury stock, retained earnings, and a total. Show the effect of each equity change in the appropriate column. 19. PR.13.03A.BLANKSHEET
Transcribed Image Text:Dividends and treasury stock еВook 5. PE.13.05A.BLANKSHEET Dec. 31 09,000pec. 31 DIVIuenu balance 14,879,000 6. PE.13.05B Prepare a statement of stockholders' equity for the year ended December 31, 20Y9. If an amount box does not require an entry, leave it blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. 7. PE.13.06A I-Cards Inc. Statement of Stockholders' Equity 8. PE.13.06B For the Year Ended December 31, 20Y9 9. PE.13.07A.BLANKSHEET Common Paid-In Stock Capital in 10. PE.13.07B Treasury Retained $40 Par Excess of Par Stock Earnings Total 11. EX.13.13 Balance, Jan. 1, 20Y9 4,800,000 V 960,000 11,375,000 17,135,000 12. EX.13.14 Issued 30,000 shares of Common Stock 1,200,000 V 300,000 1,500,000 Purchased 12,000 shares as Treasury Stock -480,000 x -552,000 V 13. EX.13.15 Net Income 3,780,000 3,780,000 V 14. EX.13.17 Dividends -276,000 -276,000 6,000,000 -552,000 14,879,000 V Balance, Dec. 31, 20Y9 1,260,000 21,587,000 15. EX.13.18 16. EX.13.19 Feedback Check My Work 17. EX.13.20 Recall that a statement of stockholders' equity is normally prepared in a columnar format, with columns for common stock, paid-in capital in 18. EX.13.22 excess of par, treasury stock, retained earnings, and a total. Show the effect of each equity change in the appropriate column. 19. PR.13.03A.BLANKSHEET
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