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E4.18 (LO 5) (Changes in Equity) The equity section of Hasbro Ine, at January 1, 2022, was as follows. Share capital ordinary Accumulated other comprehensive income Unrealized holding gain on non-trading equity securities $300,000 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 $100,00o. 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.

E4.18 (LO 5) (Changes in Equity) The equity section of Hasbro Ine, at January 1, 2022, was as follows. Share capital ordinary Accumulated other comprehensive income Unrealized holding gain on non-trading equity securities $300,000 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 $100,00o. 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.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 3P: On January 1, 2019, Kittson Company had a retained earnings balance of 218,600. It is subject to a...
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Instructions a. Prepare a comprehensive income statement for 2022 using the one statement approach. b. Prepare a retained earnings statement for 2022. E4-18 (LO 5) (Changes in Equity) The equity section of Hasbro Ine, at January 1, 2022, was as follows. Share eapital-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 $100,00o. 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.
Transcribed Image Text:Instructions a. Prepare a comprehensive income statement for 2022 using the one statement approach. b. Prepare a retained earnings statement for 2022. E4-18 (LO 5) (Changes in Equity) The equity section of Hasbro Ine, at January 1, 2022, was as follows. Share eapital-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 $100,00o. 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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