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For the Year Ended December 31, 20 Y7 December 31, 20Y7 Amount Descriptions Balances, January...

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Accounting

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For the Year Ended December 31, 20 Y7 December 31, 20Y7 Amount Descriptions Balances, January 1, 20Y7 Balances, December 31, 20 Y7 Dividends Net income Net loss Scott Lockhart owns and operates AMA Delwery Services, On January 1,20Y7, Common Stock had a balance of $40,000, and Retained Eamings had a balance of \$815,500. During the Required: Prepare a statement of sfockhalders' equity for the year ended Deceinber 3t, 20Y7. Aeter to the lists of Labels and Amount Descriptions tor the exact wording of the answer choices for taxt enthes. Be sure fo complete the statement heading. Na net loss is incurnd or ofvidends were paid, enter that amount as a negative number using a minus shan, Entries of 0 (zero) are not requirod and will be cleared if entered. Propare a statement of stockholders' equily for the year ended Decemnber 31, 20Y7. Fefer to the fists of Labels and Amount Descriptions for the exact wording of the answer choices for toxt entries. Be sure to complete the statement houding. If a net hoss is incurred or dividends weve paid, enfer that amount as a nogative number using a minus cign Entries of o (tzeno) are not required and will be cleared ir entered

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