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Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2019, are as follows. COMMON
Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2019, are as follows. COMMON STOCK Jan. 11 Balance 4,800,000 Apr. 14 Issued 30,000 shares 1.200.000 Dec. 31 Balance 6,000,000 PAID-IN CAPITAL IN EXCESS OF PAR Jan. 11 Balance 960,000 Apr. 141 Issued 30,000 shares 300,000 Dec. 31 Balance 1,260,000 TREASURY STOCK Aug. 7 Purchased 12,000 shares 552,000 RETAINED EARNINGS Mar. 31 June. 30 Dividend Dividend 69,000 Jan. 1 69,000 Dec. 31 Balance 11,375,000 Closing Sept. 30 Dividend 69,000 Dec. 31 Dividend 69,000 Dec. 31 (Net income) Balance 3.780.000 14,879,000 Prepare a statement of stockholders' equity for the year ended December 31, 2019. If an amount box does not require an entry, leave it blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2019 Balance, Jan. 1, 2019 Issued 30,000 shares of Common Stock Purchased 12,000 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2019 Common Paid-In Stock Capital in $40 Par Excess of Par Treasury Retained Stock Earnings Total
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