P5-2(Algo) Preparing a Statement of Stockholders' Equity LO5-3At the end of the prior annual reporting...
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PAlgo Preparing a Statement of Stockholders' Equity LOAt the end of the prior annual reporting period, Barnard Corporation's balance sheet showed the following:BARNARD CORPORATIONBalance SheetAt December Prior YearStockholders equityContributed capitalCommon stock par $; shares$ Paidin capitalTotal contributed capitalRetained earningsTotal stockholders equity$ During the current year, the following selected transactions summarized were completed:aSold and issued shares of common stock at $ cash per share at yearendbDetermined net income, $cDeclared and paid a cash dividend of $ per share on the beginning shares outstanding.Required:Prepare a statement of stockholders equity for the year ended December current year.
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