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).)
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 11P: Net Income and Comprehensive Income At the beginning of 2019, JR Companys shareholders equity was as...
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