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The shareholders equity of Deer Ltd. at the end of 2020 and 2019 appeared as follows: Share capital, preferred shares, $2 cumulative, 2,000,000 shares authorized,
The shareholders equity of Deer Ltd. at the end of 2020 and 2019 appeared as follows:
Share capital, preferred shares, $2 cumulative, 2,000,000 shares authorized, 26,700 shares issued Share capital, 5,000,000 common shares authorized, 1,250,000 $213,600 $213,500 comnon shares issued (2019-1,050,000 siares) Retained earnings Iotal sharahalders nquity 5,200,000 4,200,000 3,979,00D 3,187,100 During 2020, Der paid a total of $114,3 in cash dividends Bath common shares and retained earings anged during the year ra de aurna etnas hat wou d account or select "No Entry for the account titles and enter 0 for the amounts.) changes cre account es are atamataca y ndented when the amountis entered o not indent manually f no en ry ts require Uchit Credit (common shares issued during year) 2. Dedared Payable Dividends dedared during year) ash (Dividends paid during year) 4. (Net inicorne for the year closed to retained eanings) 5. dEarnings ividends Dedared (Dividends Deciared for the year closed to retained earnings)Step by Step Solution
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