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Exercise 4-16 Windsor Co. reports the following information for 2017: sales revenue $757,500, cost of goods sold $513,000, operating expenses $89,600, and an unrealized holding
Exercise 4-16 Windsor Co. reports the following information for 2017: sales revenue $757,500, cost of goods sold $513,000, operating expenses $89,600, and an unrealized holding loss on available-for-sale securities for 2017 of $58,600. It declared and paid a cash dividend of $11,220 in 2017. Windsor Co. has January 1, 2017, balances in common stock $352,800; accumulated other comprehensive income $88,200; and retained earnings $91,830. It issued no stock during 2017. Prepare a statement of stockholders' equity. WINDSOR CO. Statement of Stockholders' Equity Total Accumulated Other Retained Earnings Comprehensive Income Common Stock Ending Balance Beginning Balance Other Comprehensive Income Net Income Unrealized Holding Loss Dividends LINK TO TEXT VIDEO: SIMILAR EXERCISE
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