Homework Answers
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MINIMUS COMPANY Statement of Stockholders Equity For The Year Ended December 31, 2019 |
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| Common Stock | Retained Earnings | Total Stockholders Equity | |
| Balance at December 31, 2018 | $10,000 | $7,500 | $17,500 |
| Issuance of common stock | 600 | 600 | |
| Net income | 6,000 | 6,000 | |
| Dividends paid | (900) | (900) | |
| Balance at December 31, 2019 | $10,600 | $12,600 | $23,200 |
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