Bernie Bird Co. adjusted trial balance on December 31, 20x1, includes the following account balances: Ordinary shares, P5 par 800,000 Subscribed share capital 100,000 Share premium 1,120,000 Subscription receivable 80,000 Cumulative losses on translation of foreign operation 60,000 Retained earnings - appropriated 320,000 Retained earnings - unappropriated 700,000 Treasury shares, at cost 200,000 What amount should Bernie report as total shareholders' equity in its December 31, 20x1 statement of financial position? O 2,760,000 O 2,860,000 O 3,380,000

Bernie Bird Co. adjusted trial balance on December 31, 20x1, includes the following account balances: Ordinary shares, P5 par 800,000 Subscribed share capital 100,000 Share premium 1,120,000 Subscription receivable 80,000 Cumulative losses on translation of foreign operation 60,000 Retained earnings - appropriated 320,000 Retained earnings - unappropriated 700,000 Treasury shares, at cost 200,000 What amount should Bernie report as total shareholders' equity in its December 31, 20x1 statement of financial position? O 2,760,000 O 2,860,000 O 3,380,000

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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