9) The Stockholders' Equity section of 20X1 balance sheet for Beengo Enterprises is presented below: Beengo...
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9) The Stockholders' Equity section of 20X1 balance sheet for Beengo Enterprises is presented below: Beengo Enterprises Stockholders' Equity December 31, 20X1 Common Stock $12,000 Retained Earnings 56,800 Accumulated Other Comprehensive Income 3,700 Total Stockholders' Equity $72,500 For the year ended December 31, 20X2, the statement of comprehensive income reported $5,678 net income and $4,987 comprehensive income. During 20X2, Beengo paid $2,200 in dividends, issued $2,000 of no-par common stock, then repurchased $300 of its shares at the end of the reporting period. Prepare the statement of stockholders' equity for 20X2. 9) The Stockholders' Equity section of 20X1 balance sheet for Beengo Enterprises is presented below: Beengo Enterprises Stockholders' Equity December 31, 20X1 Common Stock $12,000 Retained Earnings 56,800 Accumulated Other Comprehensive Income 3,700 Total Stockholders' Equity $72,500 For the year ended December 31, 20X2, the statement of comprehensive income reported $5,678 net income and $4,987 comprehensive income. During 20X2, Beengo paid $2,200 in dividends, issued $2,000 of no-par common stock, then repurchased $300 of its shares at the end of the reporting period. Prepare the statement of stockholders' equity for 20X2.
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Related Book For
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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