The following is selected financial information for D. Kay Dental Laboratories for 2017 and 2018:

Kay issued 2,000 shares of additional common stock in 2018 for $20,000. There were no other shareholder transactions.
Required:
Prepare a statement of shareholders' equity for D. Kay Dental Laboratories for the year ended December 31, 2018.

Question

The following is selected financial information for D. Kay Dental Laboratories for 2017 and 2018:
 
Kay issued 2,000 shares of additional common stock in 2018 for $20,000. There were no other shareholder transactions.
Required:
Prepare a statement of shareholders' equity for D. Kay Dental Laboratories for the year ended December 31, 2018.

Quizplus · Accepted Answer

The Answer of The following is selected financial information for D. Kay Dental Laboratories for 2017 and 2018:
 
Kay issued 2,000 shares of additional common stock in 2018 for $20,000. There were no other shareholder transactions.
Required:
Prepare a statement of shareholders' equity for D. Kay Dental Laboratories for the year ended December 31, 2018.

The Following Is Selected Financial Information for D