Bonita Company’s December 31, 2020, trial balance includes the following accounts: Investment in Common Stock $72,100,...
Bonita Company’s December 31, 2020, trial balance includes the
following accounts: Investment in Common Stock $72,100, Retained
Earnings $122,900, Trademarks $34,200, Preferred Stock $152,100,
Common Stock $64,600, Deferred Income Taxes $88,600, Paid-in
Capital in Excess of Par-Common Stock $184,000, and Noncontrolling
Interest $59,430.
Prepare the stockholders’ equity section of the balance sheet.
Homework Answers
| Bonita Company | |
| Balance Sheet (Partial) | |
| December 31, 2020 | |
| Stockholders' Equity | |
| Preferred stock | $152,100 |
| Common stock | $64,600 |
| Paid-in capital in excess of par-common stock | $184,000 |
| Retained earnings | $122,900 |
| $523,600 | |
| Noncontrolling Interest | $59,430 |
| Total stockholders' equity | $583,030 |
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Bonita Company’s December 31, 2020, trial balance includes the
following accounts: Investment in Common Stock $72,100,...
_ Cr. $ 319,400 181,000 BONITA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. _ Accounts...
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following accounts at December 31, 2020: Retained Earnings
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Capital in Excess of Par-Common Stock $205,300, Goodwill $59,700,
Accumulated Other Comprehensive Loss $150,100, and Noncontrolling
Interest $35,800.
Prepare the stockholders’ equity section of the balance
sheet.
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