Question
Andrews Corp, reported the following shareholders' equity information for the year ended October 31, 2019: the shareholder's equity.) (Click the icon to During 2020, Andrews
Andrews Corp, reported the following shareholders' equity information for the year ended October 31, 2019: the shareholder's equity.) (Click the icon to During 2020, Andrews Corp. completed these transactions and events: (Click the icon to view the transactions and events during 2020.) Required Prepare Andrews Corp.'s statement of shareholders' equity for 2020. Andrews Corp. Statement of Shareholders' Equity For the Year Ended October 31, 2020 Common Retained Shares Earnings Balance, October 31, 2019 Mar. 6 Stock dividend-15% May 12 Sale of shares Aug. 22 Sale of shares Oct. 31 Cash dividends Oct. 31 Net income Balance, October 31, 2020 Total Shareholders' Equity naxt question S Re Ea Smill- Shareholders' equity Common shares, 525,000 shares authorized, 146,000 shares issued and outstanding Retained earnings Total shareholders' equity Print Done $ 1,460,000 680,000 $ 2,140,000 on. Transactions Mar. 6 May 12 Aug. 22 Oct. 15 Declared and issued a 15-percent stock dividend. At the time, their common shares were quoted at a market price of $14.50 per share. Sold 1,500 common shares for $13.00 per share. Sold 1,500 common shares to employees at $12.00 per share. Declared cash dividends of $145,000. Oct. 31 Oct. 31 Paid cash dividends declared on October 15. Net income for the year was $402,000. Print Done X
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