Question
Prepare a statement of stockholders equity. If an amount box does not require an entry, leave it blank. If a net loss is incurred or
Prepare a statement of stockholders equity. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign.
| Line Item Description | Common Stock | Retained Earnings | Total |
|---|---|---|---|
| Balances, May 1, 20Y8Balances, May 31, 20Y8DividendsNet incomeNet lossBalances, May 1, 20Y8 | $fill in the blank 20 | $fill in the blank 21 | $fill in the blank 22 |
| Balances, May 1, 20Y8Balances, May 31, 20Y8Change in retained earningsNet incomeNet lossNet income | fill in the blank 24 | fill in the blank 25 | fill in the blank 26 |
| Balances, May 1, 20Y8Balances, May 31, 20Y8DividendsNet incomeNet lossDividends | fill in the blank 28 | fill in the blank 29 | fill in the blank 30 |
| Balances, May 1, 20Y8Balances, May 31, 20Y8DividendsNet incomeNet lossBalances, May 31, 20Y8 | $fill in the blank 32 | $fill in the blank 33 | $fill in the blank 34 |
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Accounting What The Numbers Mean
Authors: David Marshall, Wayne William McManus, Daniel Viele
6th Edition
0072834641, 978-0072834642
