Solution-Calculate total stockholders equity at the end of

Calculate total stockholders equity at the end of the year

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Reference no: EM13912267

Stockholders' equity totaled $82,000 at the beginning of the year. During the year, net income was $12,000, dividends of $3,000 were declared and paid, and $10,000 of common stock was issued at par value.

Required:

Calculate total stockholders' equity at the end of the year.

Reference no: EM13912267

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Calculate total stockholders equity at the end of the year : Stockholders' equity totaled $82,000 at the beginning of the year. During the year, net income was $12,000, dividends of $3,000 were declared and paid, and $10,000 of common stock was issued at par value.

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Calculate total stockholders equity at the end of the year

Reference no: EM13912267

Reference no: EM13912267

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