Question
The equity section of Hasbro Inc. at January 1, 2015, was as follows. Share capitalordinary $300,000 Accumulated other comprehensive income Unrealized holding gain on non-trading
The equity section of Hasbro Inc. at January 1, 2015, was as follows. Share capitalordinary $300,000 Accumulated other comprehensive income Unrealized holding gain on non-trading equity securities 50,000 Retained earnings 20,000 During the year, the company had the following transactions.
1. Issued 10,000 share at $3 per share.
2. Dividends of $9,000 were declared and paid.
3. Net income for the year was $100,000
4. Unrealized holding loss of $5,000 occurred on its non-trading equity securities.
Prepare a statement of changes in equity for Hasbro Inc. (Do not leave any answer field blank. Enter 0 for amounts. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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