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2017: sales revenue $777,100, cost of goods sold $520,000, operating expenses $89,200, and an unrealized holding loss on available-for-sale securities for 2017 of $53,700. It
2017: sales revenue $777,100, cost of goods sold $520,000, operating expenses $89,200, and an unrealized holding loss on available-for-sale securities for 2017 of $53,700. It declared and paid a cash dividend of $11,670 in 2017. Barber Co. has January 1, 2017, balances in common stock $360,400; accumulated other comprehensive income $86,000; and retained earnings $92,040. It issued no stock during 2017. Prepare a statement of stockholders equity.
Prepare a statement of stockholders equity.
Total | Retained Earnings | Income | Common Stock | |
Beginning Balance | ||||
Net Income | ||||
Other Comprehensive Income | x | x | x | x |
Unrealized Holding Loss | ||||
Dividends | ||||
Ending Balance | ||||
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