Prepare a statement of changes in equity


Response to the following problem:

The equity section of Hasbro Inc. at January 1, 2010 was as follows.

Share capital-ordinary $300,000

Accumulated other comprehensive income Unrealized holding gain on available-for-sale securities 50,000

Retained earnings 20,000

During the year, the company had the following transactions.

1. Issued 10,000 share at $3 per share.

2. Dividends of $9,000 were declared and paid.

3. Net income for the year was $100,000

4. Unrealized holding loss of $5,000 occurred on its available-for-sale securities.

Prepare a statement of changes in equity for Hasbro Inc.. (If answer is zero please enter 0, do not leave any fields blank. If an amount reduces equity use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

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Financial Accounting: Prepare a statement of changes in equity
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