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Marcy's Catering had the following information on its statement of changes in shareholders' equity for January 1,2019. During 2019, the following transactions occurred: a. The
Marcy's Catering had the following information on its statement of changes in shareholders' equity for January 1,2019. During 2019, the following transactions occurred: a. The corporation purchased 500 shares of treasury stock on June 15 for $5 per share. b. The corporation reported $65,000 in net income. c. A dividend of 50 cents per share was paid on November 15 . Prepare a statement of changes in shareholders' equity for December 31, 2019 for Marcy's Catering
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