q.12 ch.11

Alex Corporation reports the following components of stockholders' equity at December 31 of the prior year: During the current yeat, the following transactions affected its stockholder's' equity accounts: cecord. Required: 3. Prepare thet stockholders' equify section of the balance sheet as of December 31 of the curcent year. Complete this question by entering your answera in the tabs balow. Prophre a statement of rutaped earnings for the current vear ended December 31 Vaw traniniction tist Whith fournal entry workeheet \begin{tabular}{|c|c|c|c|c|c|} \hline & 40 & Bste & Gmemal Joumal & Deba & Credit \\ \hline \multirow[t]{3}{*}{ . } & 1 & January 02 & Treesury atock, common & 107.500 & \\ \hline & & & Gath & & 107,500 \\ \hline & & & & & \\ \hline \multirow[t]{3}{*}{1} & 2 & Jarnaty o? & Rotained sarnings & 04,500 & \\ \hline & & & Common divileed pagyable & & 64,500 \\ \hline & & & & & \\ \hline \end{tabular} Rerquirea 2 2. Pripare a statement or retained earnings for the current year ended December 31. 3. Prenare the stackholders' equity scetion of the balance sheet as of December 31 of the current year. Complete this question by entering your answers in the tabs below. Prepare a statemient of retained earnings for the current year ended December 31 . Notet Amounts ta be dieducted should be indicated by a minus sign. Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year Notes Amounts to be deducted should be indicated by a minus sign