Changes in Equity The equity section of Hasbro Inc, at January 1, 2010, 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 me 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.