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Statement of Stockholders' Equity You have been asked to assist with the preparation of a statement of stockholders equity for Palatin Company for the year
Statement of Stockholders' Equity You have been asked to assist with the preparation of a statement of stockholders equity for Palatin Company for the year ended December 31, 2013. You determine the following balances Common Stock at December 31, 2012 $45,200 Retained Earnings at December 31, 2012 17,700 Net Income during 2013 Dividends during 2013 Issuance of Common Stock during 2013 4200 22,700 9450 Required Prepare a statement of stockholders' equity for Palatin Company for 2013. PALATIN COMPANY Statement of Stockholders' Equity For the Year Ended December 31, 2013 Commorn Stock Retaine Earnings Total Stockholders Equity Balance at December 31, 2012 s Issuance of Common Stock Net Income Dividends Paid Enter as negative) Balance at December 31, 2013
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