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Prepare a statement of stockholders equity one & only bridal for the year ended December 31,2018 based on the information presented in the trial balance

Prepare a statement of stockholders equity one & only bridal for the year ended December 31,2018 based on the information presented in the trial balance image text in transcribed
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Instructions: Prepare a statement of stockholder's Equity for one & Only Bridal que for the year ended December 31, 2018 based on the information presented in the Trial Balance. Additional Information: Preferred stock is cumulative at s2 per share. Assume this was the first year of operations therefore beginning balance in equity accounts were zero and that ending balance is evidence of current year activity. ecessary for ll lin Refer for an each of the account should agree to the trial balance exceptfor Retained Earnings as closing entries have not been performed. EXHIBIT 12-5 Statement Stoekheldens Equity SALTLAKE CORPORATION STATEMENT OF STOCKHOLDERS EOUTTY FOR THE YEARENDED DECEMBER 31, 2018 Preferred stock Common steek Paldin Retained Treasury stockholders' (5100 par valuel (510 par value) Capital Earnings Stock S750 000 0aiances Dec. 31, 2012 Prior period adluntment pnet of S15.000 saresi Issued 5000 common shares soooo 210 000 Conversion of 1000 prenemed common shares (100.000) a B00 shares at S50 market purchased to00 shares er 280.000 15.000) Common (s2 a sharel Balances Dec 3 20

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