CH 13-3 Exercises & Problems RETAINED EARNINGS Mar. 31 June. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend 33,000 Jan. 1 33,000 Dec. 31 33,000 33,000 Dec. 31 Balance Closing (Net income) Balance 2,260,000 339.000 2,467,000 Prepare a statement of stockholders' equity for the year ended December 31, 20Y9. If an amount is zero or an entry is not required, leave the box blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20Y9 $30 Par 1,300,000 Common Stock Paid-In Capital in Treasury Retained Earnings Total Excess of Par Stock Balance, 3an. 1, 019 1,30000 Issued 19,200 shares of Common Stock Purchased 3,200 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 20Y9 h 13-3 Exercises&Problems Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are follows. COMMON STOCK Jan. 1 Balance Issued 19,200 shares Balance 1,300,000 Apr. 14 576,000 Dec. 31 1,876,000 PAID-IN CAPITAL IN EXCESS OF PAR an. 1 Apr. 14 Balance Issued 19,200 shares Balance 208,000 134.400 342,400 Dec. 31 TREASURY STOCK Aug. 7 Purchased 3,200 shares 89,600 RETAINED EARNINGS 8:02 4/15 208,000 Balance Issued 19,200 shares Balance Jan. 1 Apr. 14 134.400 342,400 Dec. 31 TREASURY STOCK Aug. 7 Purchased 3,200 shares 89,600 RETAINED EARNINGS 33,000Dan. 1 33,000 Dec. 31 33,000 2,260,000 Mar. 31 June. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend Balance Closing (Net income) Balance 339.000 2,467,000 33,000 Dec. 31 Prepare a statement of stockholders' equity for the year ended December 31, 20Y9 If an amount is zero or an entry is not required, leave the box blank. Also, if an amount reduces Stockholders' Equity, then add "minus" sign I-Cards Inc. Statement of Stockholders Equity For the Year Ended December 31, 20Y9