Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of sh

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Statement Of Shareholders Equity On January 1 2019 Osgood Film Studios Reported The Following Alphabetical List Of Sh 1 (50.22 KiB) Viewed 11 times

Statement Of Shareholders Equity On January 1 2019 Osgood Film Studios Reported The Following Alphabetical List Of Sh 2 (53.89 KiB) Viewed 11 times

Statement Of Shareholders Equity On January 1 2019 Osgood Film Studios Reported The Following Alphabetical List Of Sh 3 (27.71 KiB) Viewed 11 times

Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock $196,775 Additional paid-in capital on preferred stock 13,600 Common stock, $2 par 92,600 Preferred stock, $100 par 68,000 Retained earnings 196,000 During 2019, the company sold 2,500 shares of common stock for $13 per share and 420 shares of preferred stock for $129 per share. It also earned income of $100,000 and paid dividends of $9 per share on the preferred stock and $2.20 per share on the common stock outstanding at the end of 2019. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the uestion below. Open spreadsheet Required: Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019. Check My Work OSGOOD FILM STUDIOS Previous Next >
A29 29068bas. 3 4 5 6 7 B fx M C DATA Additional paid-in capital on common stock Additional paid-in capital on preferred stock Common stock, $2 par D $196,775 $13,600 $92,600 $68,000 $196,000 Preferred stock, $100 par 10 Retained earnings 11 12 Number of common shares sold during 2019 13 Price of a common share sold during 2019 Number of preferred shares sold during 2019 Price of a preferred share sold during 2019 14 15 16 Net income 17 Dividends paid on a preferred share 18 Dividends paid on a common share 19 20 REQUIRED: 21 Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019. 2 2,500 $13 420 $129 $100,000 $9 $2.20 E Preferred Stock $100 nar $3 OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, Current Year Additional Type in the line item descriptions and use formulas and cell references from the problem data to enter amounts. Formulas entered in the gr cells. Transfer results to CNOWv2 for grading. Common Stock $2 nar 12 Paid-in Capital on Preferred Stock G Additional Paid-in Capital on Common Stock Reta Farr
Balances, 1/1/19 TCV Common stock issued Preferred stock issued Net income -V Cash dividend paid on preferred Cash dividend paid on common •V Balances, 12/31/19 V -✓ Preferred Stock $100 par 68,000 ✓ OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, 2019 Additional Common Stock $2 par 97,600 Paid-in Capital on Preferred Stock 13,600 Accounting numeric field Additional Paid-in Capital on Common Stock 196,775 V Retained Earnings 196,000 Total $566,975 000 636,395