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    mahlete's Avatar
    mahlete Posts: 1, Reputation: 1
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    #1

    Mar 20, 2014, 05:11 PM
    Help with Accounting Problems
    Hawthorn Corporation’s adjusted trial balance contained the following accounts at December 31, 2012: Retained Earnings $127,630; Common Stock $764,400; Bonds Payable $104,950; Paid-in Capital in Excess of Par—Common Stock $202,380; Goodwill $59,960; Accumulated Other Comprehensive Loss $153,230.

    Prepare the stockholders’ equity section of the balance sheet.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Mar 20, 2014, 08:10 PM
    Some of these accounts will not appear on the stockholders equity section of the balance sheet. These accounts are Bonds Payable, which is a liability and Goodwill, which is an intangible asset. Your other accounts are equity accounts.

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