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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
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 Balance 700,000 Jan. 1 Issued Apr. 14 324,000 10,800 shareS 1,024,000 Balance Dec. 31 PAID-IN CAPITAL IN EXCESS OF PAR 112,000 Jan. 1 Balance Issued Apr. 14 75,600 10,800 shares 187,600 Balance Dec. 31 TREASURY STOCK Purchased Aug. 7 50,400 1,800 shares RETAINEDEARNINGS RETAITNED EARNN Mar. 31 18,000 Jan. 1 Dividend Balance 1,220,000 June. 30 Dividend 18,000 Dec.31 Closing Sept. 30 Dividend 18,000 (Net income) 183,000 Dec. 31 18,000 Dec. 31 Dividend Balance 1,331,000 Prepare a statement of stockholders' equity for the year ended December 31, 20Y9. 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. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20Y9 Retained Earnings Total Common Stock $30 Par Paid-In Capital in Excess of Par Treasury Stock Balance, Jan. 1, 20Y9 $ Issued 10,800 shares of Common Stock Purchased 1,800 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 20Y9
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