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The stockholders' equity Taccounts of I-Cards Inc. for the fiscal year ended December 31, 2019, are as follows. COMMON STOCK Jan. 1 Balance 1,000,000 Apr.
The stockholders' equity Taccounts of I-Cards Inc. for the fiscal year ended December 31, 2019, are as follows. COMMON STOCK Jan. 1 Balance 1,000,000 Apr. 14 Issued 15,000 shares 450.000 Dec. 31 Balance 1,450,000 PAID-IN CAPITAL IN EXCESS OF PAR 160,000 Jan. 1 Apr. 14 Balance Issued 15,000 shares Balance 105.000 265,000 Dec. 31 TREASURY STOCK Aug. 7 aug. 7 Purchased 2,500 shares purchased mood 70,000 RETAINED EARNINGS 1,740,000 Mar. 31 June. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend 26,000 Jan. 1 26,000 Dec. 31 26,000 26,000 Dec. 31 Balance Closing (Net income) Balance 261.000 1,897,000 Prepare a statement of stockholders' equity for the year ended December 31, 2049. 1-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2019 Common Stock $30 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total Balance, Jan. 1, 2019 Issued 15,000 shares of Common Stock Purchased 2,500 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2049
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