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The following is selected financial information for Osmond Dental Laboratories for 2015 and 2016: Osmond issued 5,000 shares of additional Common stock in 2016 for
The following is selected financial information for Osmond Dental Laboratories for 2015 and 2016: Osmond issued 5,000 shares of additional Common stock in 2016 for $21,000. There were no other capital transactions. Prepare a statement of stockholders' equity for the year ended December 31, 2016. (Amounts to be deducted should be indicated with minus sign.)
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