Chapter 12, Problem 12.22EX

To determine

Stockholders’ equity: The claims of owners on a company’s resources, after the liabilities are paid off, are referred to as stockholders’ equity. Therefore, stockholders’ equity is sometimes referred to as net worth of owners.

Stockholders’ Equity statement: Stockholders’ equity statement shows the changes made in the stockholders’ equity account and in the total stockholders’ equity during the accounting period.

To prepare: A stockholders’ equity statement of Incorporation G, for the year ending December 31, 2019.