Bramble Corp. began the year with $123500 in its Common Stock account and a debit balance in
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Bramble Corp. began the year with $123500 in its Common Stock account and a debit balance in Retained Earnings of $52900. During the year, the company earned net income of $26500 and declared and paid $8800 of dividends. In addition, the company sold additional common stock amounting to $32300. Based on this information, what should the transaction analysis show for the ending total of all stockholders' equity accounts?
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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