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Pharoah Co. reports the following information for 2017: sales revenue $756,800, cost of goods sold $518,900, operating expenses $89,600, and an unrealized holding loss on
Pharoah Co. reports the following information for 2017: sales revenue $756,800, cost of goods sold $518,900, operating expenses $89,600, and an unrealized holding loss on available-for-sale securities for 2017 of $54,400. It declared and paid a cash dividend of $12,390 in 2017. Pharoah Co. has January 1, 2017, balances in common stock $363,100; accumulated other comprehensive income $88,700; and retained earnings $91,090. It issued no stock during 2017. Prepare a statement of stockholders equity.
total | retained earnings | Accumulated Other Comprehensive Incom | common stock | |||
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