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Statement of stockholders' equity The revenues and expenses of A-One Travel Service for the year ended August 31, 20Y6, follow: Fees earned Office expense Miscellaneous
Statement of stockholders' equity The revenues and expenses of A-One Travel Service for the year ended August 31, 20Y6, follow: Fees earned Office expense Miscellaneous expense $1,150,000 150,000 45,000 Wages expense 640,000 Kate Duffner invested an additional $15,000 in the business in exchange for common stock, and $50,000 of dividends were paid during the year. Common stock had a balance of $60,000 and retained earnings had a balance of $775,000 as of September 1, 20Y5. Prepare a statement of stockholders' equity for the year ended August 31, 20Y6. If an amount box does not require an entry, leave it blank. A-One Travel Service Statement of Stockholders' Equity For the Year Ended August 31, 2016 Line Item Description Common Retained Stock Earnings Total $ Previous Next
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