Solution-Prepare a statement of stockholders equity -

Prepare a statement of stockholders equity - reither co.

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Reference no: EM13553714

C. Reither Co. reports the following information for 2004: sales revenue $700,000; cost of goods sold $500,000; operating expenses $80,000; and an unrealized holding loss on available-for-sale securities for 2004 of $60,000. It declared and paid a cash dividend of $10,000 in 2004. C. Reither Co. has January 1, 2004, balances in common stock $350,000; accumulated other comprehensive income $80,000; and retained earnings $90,000. It issued no stock during 2004. Prepare a statement of stockholders' equity.

Reference no: EM13553714

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Prepare a statement of stockholders equity - reither co.

Reference no: EM13553714

Reference no: EM13553714

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