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Corporation Stockholders' Equity December 31, 2021 Common Stock, no par, 25,000 shares outstanding Retained Earnings Other Comprehensive Income 500,000 300,000 (30,000) Total Stockholders' Equity 770,000
Corporation Stockholders' Equity December 31, 2021 Common Stock, no par, 25,000 shares outstanding Retained Earnings Other Comprehensive Income 500,000 300,000 (30,000) Total Stockholders' Equity 770,000 The following transactions relating to stockholders' equity occurred during 2022: Enter the transactions in the general journal 1. Recorded a net income of $100,000 with a $15,000 loss allocated to other comprehensive income (no journal entry required)
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