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1. Marble Corporation had the following balances in its stockholders' equity accounts at December 31, 2012 1 . Marble Corporation had the following balances in
1. Marble Corporation had the following balances in its stockholders' equity accounts at December 31, 2012
1 . Marble Corporation had the following balances in its stockholders' equity accounts at Common Stock, $10 50,000 shares authorized, 20 000 shares issued Contributed Ca ital in Excess of Par Value, Common Retained Earnin Treas Stock, 1 ,000 shares Total stockholders' ui The following transactions occurred during 2013: $200,000 250,000 500,000 20 000 $930 ooo share. Febru 3 Ma 10 October 12 December 31 Sold and issued 3 000 shares of common stock for S22 Declared a $0.50 r share dividend on common stock. stock for $20 share. Sold 500 shares of the Net income for the ar was determined to be $75 000 Based on the above information, prepare a statement of stockholders' equity for 2013. Use the form below. Balance, December 31 2012 Feb. 3 Ma 10 dividend 10/12 sale of Treas, Stock Net income 12/3 1 Balance, December 31, 2013 MARBLE CORPORATION Statement of Stockholders' uit Contributed Common Stock $200,000 Capital in Excess of Par Value, Common $250,000 Retained ssoo,ooo Treasury Stock Total S930,ooo
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