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Need help completing the statement of stockholder's equity below: M4-9 Reporting a Statement of Stockholders Equity LO4-2 Romney's Marketing Company has the following adjusted trial
Need help completing the statement of stockholder's equity below:
M4-9 Reporting a Statement of Stockholders Equity LO4-2 Romney's Marketing Company has the following adjusted trial balance at the end of the current year. No dividends were declared. Hawever, 590 shares ($0.10 par value per share) issued at the end of the year for $2,990 are included below DebiCredit Cash Accounte receivable Interest recaivable Prepaid insurance Notes receivable (long-barm) Equipment $ 1,670 2,210 270 1,790 2,930 15,400 Accounts payable Accrued expenses payable Irncome taxes payble Unearned rent revenue Comman Stock (840 shares) Additional paid-in capital Retained canings Seles revenue Interest revanue Rent revenue Wages expense Depreciation excerse Ublities expense Insuranoe e ense Rent expense Income tax expersa Total $ 2,860 2,280 3,810 2,520 460 04 3,596 4,800 37,250 190 700 19,700 1,730 350 760 9,800 2,760 5430 68430 5B.4 Prepare a statement of stockholders' equity in gocd form for the current year Statement of Stockholders' Equity For the current year Total Additional RetainedStockholders' Commorn StockPaid-in CapitalEarnings Balance, January 1 4,600 Share issuance Net income Balanoa, Decmber 31 84 S 3,596Step by Step Solution
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