An entity need not disclose... a. A description of the nature and purpose of each reserve within equity. b. Fair value per share, or that the shares have no fair value. c. The rights, preferences and restrictions attaching to that class including restrictions on the distribution of dividends and the repayment of capital. d. A reconciliation of the number of shares outstanding at the beginning and at the end of the period.

An entity need not disclose... a. A description of the nature and purpose of each reserve within equity. b. Fair value per share, or that the shares have no fair value. c. The rights, preferences and restrictions attaching to that class including restrictions on the distribution of dividends and the repayment of capital. d. A reconciliation of the number of shares outstanding at the beginning and at the end of the period.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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