Prepare a statement of stockholders equity, Corporate Finance

On December 31, 2009, the Real Weapons Factory reported total stockholders' equity of $447,200. On that date, total contributed capital was $360,000. During 2009, the firm had total sales of $3,600,000; expenses of $2,950,000; and paid dividends of $166,000. Common stock was issued on May 12, 2009, for $310,000 and $249,400 was used to buy new equipment the next day.

Required:

Prepare a statement of stockholders' equity at December 31, 2009.

Posted Date: 2/22/2013 5:32:15 AM | Location : United States







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