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Notebook Company had the following transactions in 2013, its first year of operations. ? Issued 2,000 common shares Shares were issued at $50 00 per
Notebook Company had the following transactions in 2013, its first year of operations. ? Issued 2,000 common shares Shares were issued at $50 00 per share, 7 Issued 100 preferred shares. Shares were issued at $100 per share. Earned net income of $95.000 ? Paid dividends of $5,000. At the end of 2013, how much was the total Shareholders' equity? O A. $200.000 O B. $110.000 C. $90.000 DD. $100.000
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
