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Bozeman Corporation was started with the issue of 5,400 shares of $11 par common stock for cash on January 1, 2014. The stock was issued
Bozeman Corporation was started with the issue of 5,400 shares of $11 par common stock for cash on January 1, 2014. The stock was issued at a market price of $18 per share. During 2014, the company earned $59,350 in cash revenues and paid $39,765 for cash expenses. Also a $3,300 cash dividend was paid to the stockholders.
Prepare a balance sheet for Bozeman Corporation's 2014 fiscal year.
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