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Shareholder's equity is at the end of the 2020. The shareholders' equity of Harold Management Corp. as of January 1, 2020, follows: E (Click the
Shareholder's equity is at the end of the 2020.
The shareholders' equity of Harold Management Corp. as of January 1, 2020, follows: E (Click the icon to view the shareholders' equity at the end of 2020.) Harold Management Corp. completed the following transactions during 2020: (Click on the icon to view the transactions.) Feb 6 Declared the required annual cash dividend on preferred shares and a $0.15 per share cash dividend on the common shares. 26 Paid the cash dividend that was declared on February 6. Jun. 4 Purchased 5,000 of its own common shares for $16.25 per share. Jul. 5 Distributed a 2-for-1 stock split on the common shares. The net loss for the year was $78,000. Required Prepare the shareholders' equity section of the balance sheet of Harold Management Corp. as of December 31, 2020. Do not prepare journal entries for the above transactid Prepare the shareholders' equity section for the balance sheet for Harold Management Corp. as of December 31, 2020. Print Done Shareholders' Equity Contributed capital Preferred shares, $4.00 noncumulative 16,000 shares authorized, 4,200 shares issued and outstanding Common shares, unlimited shares authorized, shares issued and outstanding Total contributed capital Data Table X Retained earnings Shareholders' Equity Total shareholders' equity S Contributed capital Preferred shares, $4.00, noncumulative 16,000 shares authorized, 4,200 shares issued and outstanding Common shares, unlimited shares authorized, 151,000 shares issued and outstanding Total contributed capital 210,000 2.416.000 2,626,000 627,600 Retained earnings Enter any number in the edit fields and then click Check Answer. $ 3,253,600 Total shareholders' equity All parts showingStep by Step Solution
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