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Instructions Prepare the stockholders' equity section of the corporate balance sheet for each company for the year ending December 31, 2015. S & X Co.

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Instructions Prepare the stockholders' equity section of the corporate balance sheet for each company for the year ending December 31, 2015. S & X Co. is a retail store owned solely by Joe Saunder. During the month of November, the equity accounts were affected by the following events: Nov. 9 Saunder invested an additional $15,000 in the business. Nov. 15 Saunder withdrew $1,500 for his salary for the first two weeks of the month Nov. 30 Saunder withdrew S1,500 for his salary for the second two weeks of the month. Nov. 30 S & X distributed $1,000 of earnings to Saunder

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