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Kingbird, Inc. stockholders' equity section at December 31, 2015, appears below Stockholder's equity Paid-in capital Common stock, $10 pac 62,000 outstanding Paid in capital in

Kingbird, Inc. stockholders' equity section at December 31, 2015, appears below Stockholder's equity Paid-in capital Common stock, $10 pac 62,000 outstanding Paid in capital in excess of par $620,000 174,000 Total paid-in capital $794,000 Retained eamings 152,000 Total stockholder's equity 1946,000 On June 30, 2020, the board of directors of Kongbird, Inc. declared a 15% stock dividend, payable on July 31, 2020, to stockhudders of record on hdy 15, 2020. The fair value of Kingbin, Inck stack un Jan 30, 2020, was $16. On December 1, 2020, the board of directors declared a 2-for-1 stock spie effective December 15, 2020. Kingbird, Inc's stock ons selling for $18 on December 1, 2020, before the stock split was dedare P value of the stock was adjusted. Net income for 2020 was $239,000 and there were no cash dividends declared Date Account Titles and Explanation Debit > Credit Exercise 244 (Part Level Submission) Kingbird, Inc's stockholders' equity section at December 31, 2019, appears bek Stockholder's equity Ped in capital Common stock, $10 pac, 62,000 outstanding $620,000 Paid-in capital in excess of par Total Retained earnings capital Total stockholder's equity 174,000 $754,000 152.000 $946,000 On June 30, 2020, the board of directors of Kingbind, Inc. declared a 15% stock dividend, payable on July 31, 2020, to stockholders of recued on July 15, 2020. The far value of Kingbint, Inc.'s stock on June 30, 2000, $16 De December 1, 2020, the board of directors declared a 2-for-1 stock split effective December 15, 2000. Kingbed, Inc.'s stock was selling for $18 an December 1, 2020, before the stock split was declared. Par value of the stock was adjusted. Net income for 2020 was $239,000 and there were no cash didends declared Date Account Titles and Explanation 6/30/17 Retained Earnings Common Stock Dividends Distributable 7/15/17 Paid-in Capital in Excess of Par Value-Common Stock 7/31/17 12/1/17 12/15/17 Debit Credit S test for IA Gho te Chave H tein Choce 10 bile Chace estion 10 mutiple Cha Conta Check Mo Chose Quit Exer 244 (Part Level Submission) Kingbit, Inc's stockholders equity section at December 31, 2010, apps below Suckholder's equaty capital Common stock, $30 per 62,000 and $620,000 Paid-in capital in excess of pr Total pad in capital Reg Total stockholder's egarty 14,000 $70,000 152,000 46,000 On June 3, 2626, the board of desctors of Kengbird, Inc declared a 13% stock dividend payable on y 31, 2020, to stockholders of racont on y 11, 2020. The far value of Kingbird, Jee stock on ne 320, 2021 was $1 On December 1, 2020, the board of deectors decat a 2-1 stock sp effective December 15, 2020 Kingbird, Inc stock was selling for $18 on December 1, 2020, before the stock split we decide wale of the stock was busted Net income for 2020 was $239,000 and there were no cash redends declaredimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

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