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Prepare the december 31 2013 shareholders equity section


Included in the December 31, 2012, Jacobi Company balance sheet was the following shareholders' equity section:

1371_p_16-15-1_q.png

The company engaged in the following stock transactions during 2013:

1603_p_16-15-2_q.png

Required:

1.Prepare the JE's for each date.

2. Prepare the December 31, 2013, shareholders equity section (assume 2013 net income was $270,000) 

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Accounting Basics: Prepare the december 31 2013 shareholders equity section
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