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prepare stockholders'equity for the current year Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of
prepare stockholders'equity for the current year
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $590 were declared at the end of the year, and 590 additional shares of common stock (\$0.10 par value per share) were issued at the end of the year for $2,360 in cash (for a total at the end of the year of 820 . shares). Beginning balances for stockholders' equity accounts are: Common stock, \$23; Additional paid-in capital, \$1,297; and Retained eamings, $4, 270. These effects are included below: Prepare a statement of stockholders' equity for the current year Step by Step Solution
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