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Prepare statement of stockholders equity for maxx company

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Reference no: EM132665065

You have been asked to assist with the preparation of a statement of stockholders' equity for Maxx Company for the year ended December 31, 2013. You determine the following balances:

Common Stock at December 31, 2012              $5,500

Retained Earnings at December 31, 2012         8,000

Net Income during                    2013             3,000

Dividends during                       2013               750

Issuance of Common Stock during 2013             900

Required

Problem 1: Prepare statement of stockholders' equity for Maxx Company for 2013.

Reference no: EM132665065

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