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The Following Is Selected Financial Information for D

Question 95

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

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