Statement of Stockholders' Equity Potter Financial Services, Inc. For the Year Ended December 31, 20Y1 Common Retained Stock Earnings 210,000 Total Balances, January 1, 20Y1 Issued Common Stock 40,000 250,000 60,000 128,600 10,000 448,600 60,000 128,600 10,000 348,600 Net Income for the Year Dividends Balances, December 31, 20Y1 100,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Statement of Stockholders' Equity
Potter Financial Services, Inc.
For the Year Ended December 31, 20Y1
Common
Retained
Stock
Earnings
210,000
Total
Balances, January 1, 20Y1
Issued Common Stock
40,000
250,000
60,000
128,600
10,000
448,600
60,000
128,600
10,000
348,600
Net Income for the Year
Dividends
Balances, December 31, 20Y1
100,000
Transcribed Image Text:Statement of Stockholders' Equity Potter Financial Services, Inc. For the Year Ended December 31, 20Y1 Common Retained Stock Earnings 210,000 Total Balances, January 1, 20Y1 Issued Common Stock 40,000 250,000 60,000 128,600 10,000 448,600 60,000 128,600 10,000 348,600 Net Income for the Year Dividends Balances, December 31, 20Y1 100,000
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