Ask Experts Questions for FREE Help !
Ask
    mahlete's Avatar
    mahlete Posts: 1, Reputation: 1
    New Member
    		  
    #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
    Ultra Member
    		  
    #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.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Help with accounting problems [ 3 Answers ]

A tabular analysis of the transactions made during August 2010 by Witten Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained. Assets = Liabilities + Stockholders' Equity Cash + Accounts Receivable +...

Help accounting problems [ 7 Answers ]

Indicate after each of the following statements whether the statement is True (T) or False (F). T or F 1. Accrued expenses at the end of one period usually result in cash payments in the next period. 2. The entry to record a cash receipt from a customer...

2 accounting problems [ 1 Answers ]

Hi, I need help on these two problems and would greatly appreciate anyone’s help. 1. Mexico Supply Co. has the following transactions related to notes receivable during the last 2 months of 2005. Nov. 1 Loaned $18,000 cash to Norma Hanson on a 1-year, 10% note. Dec. 11 Sold goods to...

Accounting problems [ 1 Answers ]

Deer Valley Lodge, a ski resort in the Wasatch Mountains of Utah, has plans to eventually add five new chairlifts. Suppose that one lift costs $2 million, and preparing the slope and installing the lift costs another $1.3 million. The lift will allow 300 additional skiers on the slopes, but there...

View more questions Search