Exercise A Algo Effect of accounting events on the financial statements of a corporation LO
Astro Corporation was started with the issue of shares of $ par stock for cash on January Year The stock was issued at a market price of $ per share. During Year the company earned $ in cash revenues and paid $ for cash expenses. Also, a $ cash dividend was paid to the stockholders.
Required
Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Astro Corporation's Year fiscal year.
Complete this question by entering your answers in the tabs below.
Income
Stmt of Statement Changes
Balance Sheet
Statement of Cash Flows
Prepare a statement of changes in stockholders' equity.
tableASTRO CORPORATION,Statement of Changes in Stockholders' Equity,Beginning common stock,,Ending common stock,,$
