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[ The following information applies to the questions displayed below. ] Nautical has two classes of stock authorized: $ 1 0 par preferred, and $
The following information applies to the questions displayed below. Nautical has two classes of stock authorized: $ par preferred, and $ par value common. As of the beginning of shares of preferred stock and shares of common stock have been issued. The following transactions affect stockholders equity during : March Issue additional shares of common stock for $ per share. April Issue additional shares of preferred stock for $ per share. June Declare a cash dividend on both common and preferred stock of $ per share to all stockholders of record on June June Pay the cash dividends declared on June August Purchase shares of common treasury stock for $ per share. October Resell shares of treasury stock purchased on August for $ per share. Nautical has the following beginning balances in its stockholders equity accounts on January : Preferred Stock, $; Common Stock, $; Additional Paidin Capital, $; and Retained Earnings, $ Net income for the year ended December is $ Taking into consideration the beginning balances on January and all the transactions during respond to the following for Nautical: Prepare the statement of stockholders equity for the year ended December Amounts to be deducted should be indicated by a minus sign.
The following information applies to the questions displayed below.
Nautical has two classes of stock authorized: $ par preferred, and $ par value common. As of the beginning of shares of preferred stock and shares of common stock have been issued. The following transactions affect stockholders equity during :
March Issue additional shares of common stock for $ per share.
April Issue additional shares of preferred stock for $ per share.
June Declare a cash dividend on both common and preferred stock of $ per share to all stockholders of record on June
June Pay the cash dividends declared on June
August Purchase shares of common treasury stock for $ per share.
October Resell shares of treasury stock purchased on August for $ per share.
Nautical has the following beginning balances in its stockholders equity accounts on January : Preferred Stock, $; Common Stock, $; Additional Paidin Capital, $; and Retained Earnings, $ Net income for the year ended December is $
Taking into consideration the beginning balances on January and all the transactions during respond to the following for Nautical:
Prepare the statement of stockholders equity for the year ended December Amounts to be deducted should be indicated by a minus sign.
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