Retained Earnings, Beginning Balance
$600,000
Common Stock-no par: Beginning Balance
248,000
Net Income
89,000
Dividends Declared
(23,000)
Unrealized Gain on Available-for-Sale Investments-Net of tax
15,000
New Issue of Common Stock
23,000
Accumulated Other Comprehensive Income (loss): Beginning Balance
(54,550)
Homework Answers
|
Dentists Products, Incorporated Statement of Stockholders Equity For The Year Ended December 31 |
||||
| Common stock | Retained earnings | Accumulated other comprehensive income (loss) | Total stockholders equity | |
| Balance, January 1 | $248,000 | $600,000 | $(54,550) | $793,450 |
| Net income | 89,000 | 89,000 | ||
| Dividends declared | (23,000) | (23,000) | ||
| Unrealized gain in available for sale investments | 15,000 | 15,000 | ||
| New issue of common stock | 23,000 | 23,000 | ||
| Balance, December 31 | $271,000 | $666,000 | $(39,550) | $897,450 |
Add Answer to:
Retained Earnings, Beginning Balance
$600,000
Common Stock-no par: Beginning Balance
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