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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 630 additional shares of common stock ( $0.10 par value per share) were issued at the end of the year for $2.520 in cash (for a total at the end of the year of 840 shares). Beginning balances for stockholders' equity accounts are: Common stock, $21 : Additional paid-in capital, \$1,069; and Retained eamings, $4,480. These effects are included below: Prepare a statement of stockholders' equity for the current year. Note: Reductions in account balences should be Indlcated with a minus slgn
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