The equity section of Hasbro Inc. at January 1, 2015, was as follows. Share capitalordinary $300,000 Accumulated
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The equity section of Hasbro Inc. at January 1, 2015, was as follows.
Share capital—ordinary $300,000 Accumulated other comprehensive income Unrealized holding gain on non-trading equity securities 50,000 Retained earnings 20,000 During the year, the company had the following transactions.
1. Issued 10,000 shares at $3 per share.
2. Dividends of $9,000 were declared and paid.
3. Net income for the year was $100,000.
4. Unrealized holding loss of $5,000 occurred on its non-trading equity securities.
Instructions Prepare a statement of changes in equity for Hasbro Inc.
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Related Book For
Intermediate Accounting IFRS Edition
ISBN: 9781118443965
2nd Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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