Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year...
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Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are as follows. COMMON STOCK Jan. 1 Balance 1,100,000 Apr. 14 Issued 16,200 shares 486,000 Dec. 31 Balance 1,586,000 PAID-IN CAPITAL IN EXCESS OF PAR Jan. 1 Balance 176,000 Apr. 14 Issued 16,200 shares 113,400 Dec. 31 Balance 289,400 TREASURY STOCK Aug. 7 Purchased 2,700 shares 75,600 RETAINED EARNINGS Mar. 31 June. 30 Sept. 30 Dividend Dec. 31 Dividend Dividend Dividend 28,000 Jan. 1 28,000 Dec. 31 Balance 1,910,000 28,000 28,000 Dec. 31 Closing (Net income) Balance 287,000 2,085,000 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, 20Y9 Balance, Jan. 1, 20Y9 Issued 16,200 shares of Common Stock Purchased 2,700 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2019 Common Paid-In Stock Capital in $30 Par Excess of Par Treasury Retained Stock Earnings Total Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are as follows. COMMON STOCK Jan. 1 Balance 1,100,000 Apr. 14 Issued 16,200 shares 486,000 Dec. 31 Balance 1,586,000 PAID-IN CAPITAL IN EXCESS OF PAR Jan. 1 Balance 176,000 Apr. 14 Issued 16,200 shares 113,400 Dec. 31 Balance 289,400 TREASURY STOCK Aug. 7 Purchased 2,700 shares 75,600 RETAINED EARNINGS Mar. 31 June. 30 Sept. 30 Dividend Dec. 31 Dividend Dividend Dividend 28,000 Jan. 1 28,000 Dec. 31 Balance 1,910,000 28,000 28,000 Dec. 31 Closing (Net income) Balance 287,000 2,085,000 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, 20Y9 Balance, Jan. 1, 20Y9 Issued 16,200 shares of Common Stock Purchased 2,700 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2019 Common Paid-In Stock Capital in $30 Par Excess of Par Treasury Retained Stock Earnings Total
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