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Cash remaining $4,800 Rent expense for the year 7,000 Land that has been purchased 21,000 Retained earnings 12,400 Utility expense for the year 4,900 Accounts

Cash remaining $4,800
Rent expense for the year 7,000
Land that has been purchased 21,000
Retained earnings 12,400
Utility expense for the year 4,900
Accounts receivable from customers 7,200
Service revenue recognized during the year 37,000
Salary expense for the year 13,300
Accounts payable to suppliers 2,200
Dividends paid to shareholders during the year 3,200
Common stock that has been issued prior to 2024 16,000
Salaries owed at the end of the year 2,400
Insurance expense for the year 3,500
Retained earnings at the beginning of the year 7,300

No common stock is issued during 2024.

Prepare the statement of stockholders equity for Cornhusker Company on December 31, 2024.

CORNHUSKER COMPANY
Statement of Stockholders Equity
For the year ended December 31, 2024
Common Stock Retained Earnings Total Stockholders Equity
Beginning Balance
Issuance of common stock
Add: Net Income
Less: Dividends
Ending Balance

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