Question

At December 31, 2014, Kingston Company reported the following on its comparative balance sheet, which included 2013 amounts for comparison:
1. How much did Kingston Company’s total share capital increase during 2014?
What caused total share capital to increase? How can you tell?
2. Did Kingston Company have a profit or a loss for 2014? How can you tell?


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  • CreatedJuly 08, 2015
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