Question: need a solution to this, please Previous Page Next Page Page 9 of 10 Question 9 (8 points) ACCT-2043 Winter 2020 ixb Pop Stop Company

need a solution to this, please Previous Page Next Page Page

need a solution to this, please

Previous Page Next Page Page 9 of 10 Question 9 (8 points) ACCT-2043 Winter 2020 ixb Pop Stop Company began operations on January 1, 2019 by issuing 54,000 common shares at $13 per share and 26,000 $8 cumulative preferred shares at $20 per share. During 2019 Pop Stop issued an additional 8,000 common shares at $11 per share and 2,000 preferred shares at $30 per share.2019 profit was $355,000 and the Board declared $81,000 in dividends. Required: Prepare the Shareholders' Equity section of Pop Stop's Balance Sheet at December 31, 2019. (8 marks) Format B I U

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