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On December 31, 2008, WER Productions reported

On December 31, 2008, WER Productions reported $100,000 of contributed capital and $20,000 of retained earnings. During 2009, the company had the following transaction. Prepare a Statement of stockholders’ equity for the year ended December 31, 2009.


1. Issued stock for $50,000.


2. Declared and paid a cash dividend of $5,000.


3. Reported total revenue of $120,000 and total expense of $87,000.

May 18 2018 Read more Less More

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