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7. Hawthorn Corporation's adjusted trial balance contained the following accounts at December 31 2020: Retained Earnings $120,000, Common Stock $750,000, Bonds Payable $100,000, Paid-in Capital
7. Hawthorn Corporation's adjusted trial balance contained the following accounts at December 31 2020: Retained Earnings $120,000, Common Stock $750,000, Bonds Payable $100,000, Paid-in Capital in Excess of Par-Common Stock $200,000, Goodwill 555,000. Accumulated other Comprehensive Loss $150,000, Noncontrolling Interest $30,000. Net profit 350,000$ (3 points) 37% 7. Hawthorn Corporation's adjusted trial balance contained the following accounts at December 31 2020: Retained Earnings $120,000, Common Stock $750,000, Bonds Payable $100,000, Paid-in Capital in Excess of Par-Common Stock $200,000, Goodwill 555,000. Accumulated other Comprehensive Loss $150,000, Noncontrolling Interest $30,000. Net profit 350,000$ (3 points) 37%
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