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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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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