Statement of stockholders' equity Climate Control Systems Co. offers its services to residents in the Spokane area. Selected accounts from the ledger of Climate Control Systems for the fiscal year ended December 31, 20Y2, are as follows: Common Stock Jan. 1 Feb. 15 75,000 25,000 Retained Earnings Dividends 160,000 Jan. 1 (20Y2) 40,000 Dec. 31 40,000 Dec. 31 4,150,800 Mar. 31 160,000 Dec. 31 700,000 June 30 Sept. 30 40,000 Dec. 31 40,000 Prepare a statement of stockholders' equity for the year ended December 31, 20Y2. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Climate Control Systems Co. Statement of Stockholders' Equity For the Year Ended December 31, 20Y2 Common Stock Retained Earnings Total Balances, January 1, 20Y2 V Issued common stock v Net income Dividends v Balances, December 31, 20Y2
Statement of stockholders' equity Climate Control Systems Co. offers its services to residents in the Spokane area. Selected accounts from the ledger of Climate Control Systems for the fiscal year ended December 31, 20Y2, are as follows: Common Stock Jan. 1 Feb. 15 75,000 25,000 Retained Earnings Dividends 160,000 Jan. 1 (20Y2) 40,000 Dec. 31 40,000 Dec. 31 4,150,800 Mar. 31 160,000 Dec. 31 700,000 June 30 Sept. 30 40,000 Dec. 31 40,000 Prepare a statement of stockholders' equity for the year ended December 31, 20Y2. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Climate Control Systems Co. Statement of Stockholders' Equity For the Year Ended December 31, 20Y2 Common Stock Retained Earnings Total Balances, January 1, 20Y2 V Issued common stock v Net income Dividends v Balances, December 31, 20Y2
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter4: The Accounting Cycle
Section: Chapter Questions
Problem 8E: Statement of stockholders equity Climate Control Systems Co. offers its services to residents in the...
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