Question: Prepare a statement of stockholders' equity for the current year. (Reductions in account bal sign.) CATENA'S MARKETING COMPANY Statement of Stockholders' Equity Common Stock Additional

Prepare a statement of stockholders' equity for the current year. (Reductions in account bal sign.) CATENA'S MARKETING COMPANY Statement of Stockholders' Equity Common Stock Additional Paid-in Capital Retained Earnings Total Stockholders' Equity $ 14 5,980 68 Balance, January 1 Share issuance Net income Dividends declared (630) (630) Balance, December 31 82 MacBook -mework 6 Saved Help Save & Exit Subm Check my work Catena's Marketing Company has the following adjusted trial balance at the end of the current year, Cash dividends of $630 were declared at the end of the year, and 680 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,720 in cash (for a total at the end of the year of 820 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance und of the Current Year $1,550 Debit Credit 2.370 120 1,790 2.920 16,400 Cash Necounts receivable Interest receivable Prepaid insurance Long-ten notes receivable Equipment Accumulated depreciation Accounts payable Dividends payable Acerved expenses payable Income taxes payable Unearned rent revenue Common Stock (20 shares) Additional pald-in capital Retained earnings Sales revenue Interest reven Rent revenue Wages expense Depreciation expense Utilities expense Insurance expense Rent expense Income tax expense Total $ 2.850 2,390 630 3,870 2,610 82 3,588 410 36,750 190 670 18,700 1.760 30 730 9,900 2.770
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