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Great Adventures has net income of $158,000 in 2020. Retained earnings at the beginning of 2020 was $148,000. I need to prepare the stockholders? equity
Great Adventures has net income of $158,000 in 2020. Retained earnings at the beginning of 2020 was $148,000. I need to prepare the stockholders? equity section of the balance sheet for Great Adventures as of December 31, 2020. I have the information from a prior question that pertains to this one, but I'm not sure how to use it. I added a picture of the question that has the info. I know for the statement I need common stock, paid in capital, retained earnings, and treasury stock, but I can't figure out which numbers to use.
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