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eBook Question Content Area Statement of Stockholders' Equity The stockholders equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are

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Statement of Stockholders' Equity

The stockholders equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are as follows.

COMMON STOCK
Jan. 1 Balance 1,400,000
Apr. 14 Issued
12,600 shares 630,000
Dec. 31 Balance 2,030,000

PAID-IN CAPITAL IN EXCESS OF PAR
Jan. 1 Balance 224,000
Apr. 14 Issued
12,600 shares 151,200
Dec. 31 Balance 375,200

TREASURY STOCK
Aug. 7 Purchased
2,100 shares 100,800

RETAINED EARNINGS
Mar. 31 Dividend 36,000 Jan. 1 Balance 2,440,000
June. 30 Dividend 36,000 Dec. 31 Closing
Sept. 30 Dividend 36,000 (Net income) 366,000
Dec. 31 Dividend 36,000 Dec. 31 Balance 2,662,000

Prepare a statement of stockholders equity for the year ended December 31, 20Y9.

If an amount is zero or an entry is not required, leave the box blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign.

Common Stock $50 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total
Balance, Jan. 1, 20Y9 $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 $fill in the blank 5
Issued 12,600 Shares of Common Stock fill in the blank 6 fill in the blank 7 fill in the blank 8 fill in the blank 9 fill in the blank 10
Purchased 2,100 Shares as Treasury Stock fill in the blank 11 fill in the blank 12 fill in the blank 13 fill in the blank 14 fill in the blank 15
Net Income fill in the blank 16 fill in the blank 17 fill in the blank 18 fill in the blank 19 fill in the blank 20
Dividends fill in the blank 21 fill in the blank 22 fill in the blank 23 fill in the blank 24 fill in the blank 25
Balance, Dec. 31, 20Y9 $fill in the blank 26 $fill in the blank 27 $fill in the blank 28 $fill in the blank 29 $fill in the blank 30

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