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Bramble Corporation, a public company, reported the following balances at January 1, 2023: Common Shares (34,200 shares issued, unlimited authorized) Retained Earnings Contributed Surplus Accumulated Other Comprehensive Income $855,000 1,574,000 146,000 30,000 During the year ended December 31, 2023, the following summary transactions occurred: (a) Net income earned during the year Unrealized gain on FV-OCI investments Reduction of contributed surplus during the year due to repurchase of common shares Reduction of common shares account balance during the year due to repurchase of 1,300 common shares Dividends declared during the year on common shares Issued 2,300 common shares during the year $300,000 20,000 17,500 32,500 62,000 92,000 Prepare a statement of changes in shareholders' equity for the year as required under IFRS. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).)

Bramble Corporation, a public company, reported the following balances at January 1, 2023: Common Shares (34,200 shares issued, unlimited authorized) Retained Earnings Contributed Surplus Accumulated Other Comprehensive Income $855,000 1,574,000 146,000 30,000 During the year ended December 31, 2023, the following summary transactions occurred: (a) Net income earned during the year Unrealized gain on FV-OCI investments Reduction of contributed surplus during the year due to repurchase of common shares Reduction of common shares account balance during the year due to repurchase of 1,300 common shares Dividends declared during the year on common shares Issued 2,300 common shares during the year $300,000 20,000 17,500 32,500 62,000 92,000 Prepare a statement of changes in shareholders' equity for the year as required under IFRS. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Bramble Corporation, a public company, reported the following balances at January 1, 2023: Common Shares (34,200 shares issued, unlimited authorized) Retained Earnings Contributed Surplus Accumulated Other Comprehensive Income Dividends During the year ended December 31, 2023, the following summary transactions occurred: $855,000 1,574,000 Net income earned during the year Unrealized gain on FV-OCI investments Reduction of contributed surplus during the year due to repurchase of common shares Reduction of common shares account balance during the year due to repurchase of 1,300 common shares I during year on common shares Issued 2,300 common shares during the year (a) 146,000 30,000 $300,000 20,000 17,500 32,500 92,000 Prepare a statement of changes in shareholders' equity for the year as required under IFRS. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) BRAMBLE CORPORATION Statement of Changes in Shareholders' B
Transcribed Image Text:Bramble Corporation, a public company, reported the following balances at January 1, 2023: Common Shares (34,200 shares issued, unlimited authorized) Retained Earnings Contributed Surplus Accumulated Other Comprehensive Income Dividends During the year ended December 31, 2023, the following summary transactions occurred: $855,000 1,574,000 Net income earned during the year Unrealized gain on FV-OCI investments Reduction of contributed surplus during the year due to repurchase of common shares Reduction of common shares account balance during the year due to repurchase of 1,300 common shares I during year on common shares Issued 2,300 common shares during the year (a) 146,000 30,000 $300,000 20,000 17,500 32,500 92,000 Prepare a statement of changes in shareholders' equity for the year as required under IFRS. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) BRAMBLE CORPORATION Statement of Changes in Shareholders' B
2023 nmon shares se of shares dividends ensive income: ome zed gain-OCI #1, 2023 eTextbook and Media List of Accounts Save for Later Number of Shares Share Capital LA $ Legal Capital BRAMBLE CORPORATION Statement of Changes in Shareholders' Equity 6A $ Other Contributed Capital Re $ Eal UU
Transcribed Image Text:2023 nmon shares se of shares dividends ensive income: ome zed gain-OCI #1, 2023 eTextbook and Media List of Accounts Save for Later Number of Shares Share Capital LA $ Legal Capital BRAMBLE CORPORATION Statement of Changes in Shareholders' Equity 6A $ Other Contributed Capital Re $ Eal UU
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