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Statement of Stockholders' Equity You have been asked to assist with the preparation of a statement of stockholders' equity for Minimus Company for the year
Statement of Stockholders' Equity You have been asked to assist with the preparation of a statement of stockholders' equity for Minimus Company for the year ended December 31, 2019. You determine the following balances: Common Stock at December 31, 2018 $10,000 Retained Earnings at December 31, 2018 7,500 Net Income during 2019 6,000 Dividends during 2019 900 Issuance of Common Stock during 2019 600 Required Prepare a statement of stockholders' equity for Minimus Company for 2019. MINIMUS COMPANY Statement of Stockholders' Equity For the Year Ended December 31, 2019 CommonStock Retained Earnings Total Stockholders'Equity Balance at December 31, 2018 $ 0 $ 0 $ 0 Issuance of Common Stock 0 0 0 Net Income 0 0 0 Dividends Paid(Enter as negative) 0 0 0 Balance at December 31, 2019 0 $ 0 $ 0
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