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The stockholders equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows Statement of Stockholders' Equity The stockholders' equity
The stockholders equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows
Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the year ended December 31, 2019, are as follows. Common Stock Jan. 1 1,300,000 Apr. 14 Balance Issued 19,200 shares Balance 576,000 Dec. 31 1,876,000 Paid-In Capital in Excess of Par Jan. 1 208,000 Apr. 14 Balance Issued 19,200 shares Balance 134,400 Dec. 31 342,400 Treasury Stock Aug. 7 Purchased 3,200 shares 89,6001 Mar. 31 2,260,000 June. 30 Sept. 30 Dividend Dividend Dividend Dividend Retained Earnings 33,000 Jan. 1 33,000 Dec. 31 33,000 33,000 Dec. 31 Balance Closing (Net income) Balance 339,000 2,467,000 Dec. 31 Prepare a statement of stockholders' equity for the year ended December 31, 2019. If an amount is zero or an entry is not required, leave the box blank. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2049 Common Stock $30 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total Balance, Jan. 1, 2049 Issued 19,200 Shares of Common Stock Purchased 3,200 Shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2049Step by Step Solution
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