The Stockholders' Equity section of 20X1 balance sheet for Beengo Enterprises is presented below:
For the year ended December 31,20X2,the statement of comprehensive income reported $5,678 net income and $4,987 comprehensive income.During 20X2,Beengo paid $2,200 in dividends,issued $2,000 of no-par common stock,then repurchased $300 of its shares at the end of the reporting period.Prepare the statement of stockholders' equity for 20X2.

Question

The Stockholders' Equity section of 20X1 balance sheet for Beengo Enterprises is presented below:
  For the year ended December 31,20X2,the statement of comprehensive income reported $5,678 net income and $4,987 comprehensive income.During 20X2,Beengo paid $2,200 in dividends,issued $2,000 of no-par common stock,then repurchased $300 of its shares at the end of the reporting period.Prepare the statement of stockholders' equity for 20X2.

Quizplus · Accepted Answer

The Answer of The Stockholders' Equity section of 20X1 balance sheet for Beengo Enterprises is presented below:
  For the year ended December 31,20X2,the statement of comprehensive income reported $5,678 net income and $4,987 comprehensive income.During 20X2,Beengo paid $2,200 in dividends,issued $2,000 of no-par common stock,then repurchased $300 of its shares at the end of the reporting period.Prepare the statement of stockholders' equity for 20X2.

The Stockholders' Equity Section of 20X1 Balance Sheet for Beengo