Dan's Dependable Delivery began the year with 30,000 $1 Common shares issued and outstanding. Paid in Capital
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Dan's Dependable Delivery began the year with 30,000 $1 Common shares issued and outstanding. Paid in Capital in Excess of Par was $25,000 and Retained Earnings were $175,000. Net Income for the current year is $35,000. The company had 5000 outstanding shares of $4 par, 5% Preferred Stock. Taking the transactions from part one into consideration, complete the Statement of Shareholders' Equity for the current year end. Use the table in part two of the template.
Part 2
Part 1
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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