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Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2089, are as follows. COMMON STOCK
Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2089, are as follows. COMMON STOCK 4,800,000 Jan. 1 Apr. 14 Balance Issued 30,000 shares Balance 1.200.000 6,000,000 Dec. 31 PAID-IN CAPITAL IN EXCESS OF PAR Balance 960,000 Jan. 1 Apr. 14 Issued 30,000 shares 300,000 1,260,000 Dec. 31 Balance TREASURY STOCK Aug. 7 Purchased 12,000 shares 552,000 11,375,000 Mar. 31 June. 30 Dividend Dividend RETAINED EARNINGS 69,000 Jan. 1 69,000 Dec. 31 69,000 69,000Dec. 31 Balance Closing (Net income) Balance Sept. 30 Dividend 3,780,000 Dec. 31 Dividend 14,879,000 Prepare a statement of stockholders' equity for the year ended December 31, 2049. If an amount is zero or an entry is not required, leave the box blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. 1-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2019 Common Stock $40 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total Balance, Jan. 1, 2049 Issued 30,000 shares of Common Stock Purchased 12,000 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2049
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