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Due Saturday by 11:59pm Points 10 Submitting an external tool Available Mar 28 at 12am - Jun 7 at 11:59pm 2 months BusinessCourse Return to
Due Saturday by 11:59pm Points 10 Submitting an external tool Available Mar 28 at 12am - Jun 7 at 11:59pm 2 months BusinessCourse Return to course Support @ Dashboard @ Minghan Li Statement of Stockholders' Equity You have been asked to assist with the preparation of a statement of stockholders' equity for Minimus Company for the year ended December 31, 2019. You determine the following balances: Common Stock at December 31, 2018 $10,000 Retained Earnings at December 31, 2018 7,500 Net Income during 1919 6,000 Dividends during 2019 900 Issuance of Common Stock during 2019 600 Required Prepare a statement of stockholders' equity for Minimus Company for 2019. MINIMUS COMPANY Statement of Stockholders' Equity For the Year Ended December 31, 2019 CommonStock |RetainedEarnings Total Stockholders'Equity Balance at December 31, 2018 $ 10,000 $ 7,500 ~ $ 0 x Issuance of Common Stock 600 7,500 * O X Net Income 6,000 x O x 0 X Dividends Paid(Enter as negative) 900 x O X D X Balance at December 31, 2019 $ 0 * $ 0 x $ 0 x Show All X
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