Question
The following information was reported on the financial statements of Delta Company: Dividends declared for the year ended December 31, 2019: $2,800 (minus) Net Income
The following information was reported on the financial statements of Delta Company:
Dividends declared for the year ended December 31, 2019: $2,800 (minus)
Net Income for the year ended December 31, 2019: $10,800 (plus)
Total stockholders' equity at December 31, 2018: $93,000
Common stock issued during the year ended December 31, 2019: $28,000
What is total stockholders' equity of Delta Company at December 31, 2019?
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Governmental Accounting Auditing And Financial Reporting
Authors: Michele Mark Levine, Todd Buikema
10th Edition
0891250107, 978-0891250104
