At the end of the prior year annual reporting period, Barnard Corporation's balance sheet showed the...

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At the end of the prior year annual reporting period, Barnard Corporations balance sheet showed the following: BARNARD CORPO

BARNARD CORPORATION Statement of tockholders Equity Common Stock Shares Amount Total Paid-in Capital Retained Earnings Stock

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Answer 1

Answer #1

Statement of stockholder's equity

	Common Stock		Paid in capital	Retained earnings	Total Stockholder's equity
	Shares	Amount	Paid in capital	Retained earnings	Total Stockholder's equity
Balances as of December 31, prior year	5200	78000	19000	43000	140000
Issue common Stock	1200	18000	13200		31200
Net income				51000	51000
Dividend				-20800	-20800
Balances as of December 31, Current year	6400	96000	32200	73200	201400

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Answer 2

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At the end of the prior year annual reporting period, Barnard Corporation's balance sheet showed the...

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