Reference no: EM131260982
On 2014 December 31, Perez Company, the accounting records showed the following information:
Assets $150,000
Liabilities $50,000
Capital Stock $100,000
Earned revenues $45,000
Incurred expenses $33,750
Dividends declared and paid amounted to $3,000
1. Prepare the Statement of Stockholders’ Equity on 2014 December 31.
Statement of Stockholders’ Equity
Perez Company
Month Ended on December 31, 2014
Perez Company, Capital Stock , January 1, 2014 (beginning balance) $100,000
Net income for the year
Less: Dividends
Perez Company, Capital Stock, December, 2014 (ending balance)
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