2 Prepare the statement of stockholders equity for the year

2. Prepare the statement of stockholders\' equity for the year ended December 31, 2018. (Amounts to be deducted should be indicated by a minus sign) DONNIE HILFIGER Statement of Stockholders\' Equity For the Year Ended December 31, 2018 Common Additional Total Treasury Stockholders Paid-in Capital Retained Earnings Stock Stock Stock Equity Balance, January 1 Issue of common stock Purchase of treasury stock Sale of treasury stock Issued preferred stock Dividends Net income Balance, December 31

Solution

Solution 2:

Solution 1:

Donnie Hilfiger
Statement of Stockholder\'s Equity
For the year ended December 31, 2018
Particulars	Preferred Stock	Common Stock	Additional Paid in Capital	Retained Earnings	Treasury Stock	Total Stockholder\'s Equity
Balance, January 1	$300.00	$31.00	$67,000.00	$26,000.00	$0.00	$93,331.00
Issue of common stock		$11.00	$36,289.00			$36,300.00
Purchase of Treasury Stock					-$10,400.00	-$10,400.00
Sale of Treasury stock			$1,000.00		$5,200.00	$6,200.00
Issued Preferred stock	$200.00		$7,000.00			$7,200.00
Dividends				-$3,600.00		-$3,600.00
Net Income				$9,900.00		$9,900.00
Balance, December 31	$500.00	$42.00	$111,289.00	$32,300.00	-$5,200.00	$138,931.00