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Callaho Inc. had the following balances in its equity accounts at December 31, 2014 Common shares, unlimited shares authorized, 173,000 shares issued, and outstanding.... $1,730,000
Callaho Inc. had the following balances in its equity accounts at December 31, 2014 Common shares, unlimited shares authorized, 173,000 shares issued, and outstanding.... $1,730,000 Retained earnings.. $270,000 During 2015, the board of directors declared a 3:1 share split. Prepare the company's equity section at December 31, 2015 assuming a net loss of 542,000 Callaho Inc. Equity Section of Balance Sheet December 31, 2015 Contributed Capital Common shares, unlimited shares authorized: shares issued and outstanding. Retained Earnings. Total Equity
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