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The shareholders' equity of Harold Management Corp. as of January 1, 2020, follows: (Click the icon to view the shareholders' equity at the end of
The shareholders' equity of Harold Management Corp. as of January 1, 2020, follows: (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.) 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 transactions. Prepare the shareholders' equity section for the balance sheet for Harold Management Corp. as of December 31, 2020. Contributed capital Shareholders' Equity Preferred shares, $7.00 noncumulative 15,000 shares authorized, 5,000 shares issued and outstanding Common shares, unlimited shares authorized, shares issued and outstanding Total contributed capital Retained earnings Total shareholders' equity ers' equity of Harold Management Corp. as of January 1, 2020, follows: icon to view the shareholders' equity at the end of 2020.) Data table ch Shareholders' Equity Contributed capital Preferred shares, $7.00, noncumulative 15,000 shares authorized, 5,000 shares issued and outstanding $ 350,000 a Common shares, unlimited shares authorized, 180,000 shares issued and outstanding 2,700,000 a Total contributed capital Retained earnings Total shareholders' equity 3,050,000 627,700 $ 3,677,700 ar e Print Done solve this Calculator Ask my instructor Clear all Check ders' equity of Harold Management Corp. as of January 1, 2020, follows: The icon to view the shareholders' equity at the end of 2020.) gement Corp. completed the following transactions during 2020: n the icon to view More info shareholders' equi 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. shareholders' equi Jun. Jul. 4 Purchased 3,000 of its own common shares for $15.50 per share. 5 Distributed a 2-for-1 stock split on the common shares. capital shares, $7.00 nond ng shares, unlimited sh buted capital arnings eholders' equity ne solve this The net loss for the year was $71,000. Print Done - X burnal entries for th
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