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Nelly Company's comparative balance sheet at January 3 1 , 2 0 2 2 , and 2 0 2 1 , reports the following (
Nelly Company's comparative balance sheet at January and reports the following in millions:
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Begin by reviewing the labels for the change in stockholders' equity and then enter the amounts for each situation. Enter an amount in each input area. Input a when there is no amount to be entered. Enter amounts in millions. Use a minus sign or parentheses when entering net losses or numbers to be subtracted.
Situation #
Total stockholders' equity, January
Add: Issuance of stock
Net income
Less: Dividends declared
Net loss
Total stockholders' equity, January
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