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TB Ex Qu. 3-244 The following is selected financi al... The following is selected financial information for Osmond Dental Laboratories for 2021 and 2022:
TB Ex Qu. 3-244 The following is selected financi al... The following is selected financial information for Osmond Dental Laboratories for 2021 and 2022: 2021 Retained earnings, January 1 $57,000 2022 ? Dividends Net income Common stock 30,000 50,000 14,000 20,000 77,000 Osmond issued 5,000 shares of additional common stock in 2022 for $30,000. There were no other stock transactions. Prepare a statement of stockholders' equity for the year ended December 31, 2022. (Amounts to be deducted should be indicated with minus sign.) OSMOND DENTAL LABORATORIES Statement of Stockholders' Equity For the Year Ended December 31, 2022 Balance, January 1, 2022 Balance, December 31, 2022 Common Stock Retained Earnings Total Stockholders Equity EA $ 0 $ 0 $ LA 0
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