Luxat Corporation reported the following statement of changes in equity accounts for the year ended December 31,
Question:
Determine the missing amounts for items [1] to [8].
Transcribed Image Text:
LUXAT CORPORATION Statement of Changes in Equity Year Ended December 31, 2018 Contributed Capital Common Contributed RetainedAccumulated Shares Surplus Total Earnings Other Comprehensive Income Bal., Jan. 1 Issued common shares Declared and issued stock dividend Declared cash dividends Comprehensive ncome Net income Other comprehensive ncome $1,500,000$500,00O $3,00o,000 $100,000 $5,100,o00 2 110,000 131 [4 (135,000) (135,000) 750,000o [6] 25,ooo Bal., Dec. 31 $2,50,0007 $3.505,000 $125,000 [8]
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1 2050000 1500000 110000 440000 2 440000 same as 1 3 3505000 3000000 135000 750000 ...View the full answer
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Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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