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mahlete
Mar 20, 2014, 05:11 PM
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
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.