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Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows. Prepare a statement
Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows. Prepare a statement of stockholders' equity for the year ended December 31, 2049. 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 300,000 30,000 shares Balance Dec. 31 1,260,000 Treasury Stock Aug. 7 Purchased 12,000 shares 552,000 Retained Earnings Mar. 31 Balance 11,375,000 June 30 Dividend Dividend Dividend 69,000 Jan. 1 69,000 Dec. 31 69,0001 Closing (net income) 3.780,000 Sept. 30 Dec. 31 Dividend 69,000 Dec. 31 Balance 14,879,000 If an amount is zero or an entry is not required, leave the box blank. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2049 Common Stock, $40 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total Balances, Jan. 1, 2049 $ $ Issued 30,000 shares of common stock Purchased 12,000 shares as treasury stock Net income Dividends Balances, Dec. 31, 2049
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