4: Homework Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were declared at the end of the year, and 600 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.400 in cash (for a total at the end of the year of 800 shares). These effects are included below: 63e Catena's Marketing Company Adjusted Trial Balance End of the current Year Debit Credit Cash $ 1,578 Accounts receivable 2,380 Interest receivable 210 Prepaid insurance 1,640 Long-term notes receivable 2,880 Equipment 16,500 Accumulated depreciation $ 2,93 Accounts payable 2,270 Dividends payable Accrued expenses payable 3,830 Income taxes payable 2,540 Unearned rent revenue 350 Common Stock (800 shares) Additional paid-in capital 3,550 Retained earnings 4,300 Sales revenue 37,650 Interest revenue 190 Rent revenue 689 Wages expense 18,400 Depreciation expense 1,770 Utilities expense 4ee Insurance expense 740 Rent expense 9,800 Income tax expense 2,710 Total $59,000 $59,000 8e 4: Homework Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $630 were declared at the end of the year, and 600 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.400 in cash (for a total at the end of the year of 800 shares). These effects are included below. Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,570 Accounts receivable 2,380 Interest receivable 210 Prepaid insurance 1,640 Long-term notes receivable 2,880 Equipment 16,500 Accumulated depreciation 2,93e Accounts payable 2,270 Dividends payable 63e Accrued expenses payable 3,83e Income taxes payable 2,540 Unearned rent revenue 350 Common Stock (8ee shares) 80 Additional paid-in capital 3,550 Retained earnings 4,300 Sales revenue 37,650 Interest revenue 190 Rent revenue 680 Wages expense 18,400 Depreciation expense 1,770 Utilities expense 400 Insurance expense 740 Rent ex 9,800 Income tax ex 2,710 Total $59,$59,800 Rent revenue Wages expense Depreciation expense Utilities expense Insurance expense Rent expense Income tax expense Total 18,400 1,770 400 740 9,800 2,710 $59, eee $59,00 Prepare a statement of stockholders' equity for the current year. (Reductions in account balances should be indicated with an sign.) CATENA'S MARKETING COMPANY Statement of Stockholders' Equity Common Stock Additional Paid-in Capital Retained Earnings Total Stockholders Equity Balance, January 1 Dividends declared Net Income Sales revenue Share issuance Balance, December 31
