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. Prepare a statement of stockholders equity for the year ended December 31, 20Y1. Assume that net income was $8,497,000 for the year ended December
. Prepare a statement of stockholders equity for the year ended December 31, 20Y1. Assume that net income was $8,497,000 for the year ended December 31, 20Y1. For those boxes in which you must enter subtracted or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank or enter 0.
Nav-Go Enterprises Inc. Statement of Stockholders Equity For the Year Ended December 31, 20Y1 | ||||||
---|---|---|---|---|---|---|
Common Stock | Paid-In Capital in Excess of Stated Value | Paid-In Capital from Sale of Treasury Stock | Retained Earnings | Treasury Stock | Total | |
Balances, January 1Balances, December 31Cash dividendsIssued Common StockStock dividendsSale of treasury stockNet incomeNet lossPurchase of treasury stock | $fill in the blank 96 | $fill in the blank 97 | $fill in the blank 98 | $fill in the blank 99 | $fill in the blank 100 | $fill in the blank 101 |
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock | fill in the blank 103 | fill in the blank 104 | fill in the blank 105 | |||
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock | fill in the blank 107 | fill in the blank 108 | ||||
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock | fill in the blank 110 | fill in the blank 111 | ||||
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock | fill in the blank 113 | fill in the blank 114 | fill in the blank 115 | fill in the blank 116 | ||
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock | fill in the blank 118 | fill in the blank 119 | fill in the blank 120 | |||
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock | fill in the blank 122 | fill in the blank 123 | ||||
Balances, January 1Balances, December 31Cash DividendsIssued Common StockStock DividendsSale of Treasury StockNet IncomeNet LossPurchase of Treasury Stock | $fill in the blank 125 | $fill in the blank 126 | $fill in the blank 127 | $fill in the blank 128 | $fill in the blank 129 | $fill in the blank 130 |
4. Prepare the Stockholders Equity section of the December 31, 20Y1, balance sheet. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
Nav-Go Enterprises Inc. Balance Sheet December 31, 20Y1 | ||
---|---|---|
Stockholders' Equity | ||
Paid-In Capital: | ||
CashCommon Stock, $10 Stated Value (550,000 Shares Authorized, 451,500 Shares Issued)Retained EarningsTreasury Stock (23,000 Shares, at Cost) | fill in the blank 132 | |
CashExcess of Issue Price Over Stated ValueRetained EarningsTreasury Stock (23,000 Shares, at Cost) | fill in the blank 134 | |
CashFrom Sale of Treasury StockRetained EarningsTreasury Stock (23,000 Shares, at Cost) | fill in the blank 136 | |
Total Paid-In Capital | fill in the blank 137 | |
Excess of Stated Value-Common StockFrom Sale of Treasury StockRetained EarningsTreasury Stock (23,000 Shares, at Cost) | fill in the blank 139 | |
Total | fill in the blank 140 | |
Paid-in-Capital in Excess of Stated Value-Common StockCashRetained EarningsTreasury Stock (23,000 Shares, at Cost) | fill in the blank 142 | |
Total Stockholders' Equity | fill in the blank 143 |
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