
(a)
(1)
Annual Report: Annual report is a detailed report about a company’s activities during a particular period that is its accounting period. It is prepared for the stockholders of the company and the general public.
Financial Statements: A part of annual report that is attributed to the financials of the company for an accounting period is called financial statements. These include income statement, statement of
To determine: Total equity of Company L at December 31, 2013.
(2)
total revaluation reserve of Company L at December 31, 2013.
(3)
number of treasury shares of Company L at December 31, 2013.
(b)
To identify: The comparable label used by Company L for (1) share capital, (2) share premium and (3) net profit, group share.

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Chapter 13 Solutions
Accounting Principles 12E WileyPLUS with Loose-Leaf Print Companion with WileyPLUS Leanring Space Card Set
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