Brief Exercise 5-11

Flounder Company's December 31, 2020, trial balance includes the following accounts: Investment in Common Stock $72,100, Retained Earnings $122,900, Trademarks $34,200, Preferred Stock $152,100, Common Stock $64,600, Deferred Income Taxes $88,600, Paid-in Capital in Excess of Par-Common Stock $184,000, and Noncontrolling Interest $59,430.

the stockholders' equity section of the balance sheet.

FLOUNDER COMPANY

Balance Sheet (Partial)

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