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Ingram Corporation has the following accounts at December 31: Share Capital Ordinary, 10 par, 5,000 shares issued, 50,000; Share PremiumOrdinary 10,000; Retained Earnings 45,000; and Treasury SharesOrdinary, 500 shares, 11,000. Prepare the equity section of the statement of financial position.

Chapter 13, IFRS Concepts and application #2

Ingram Corporation has the following accounts at December 31: Share Capital— Ordinary, €10 par, 5,000 shares issued, €50,000; Share Premium—Ordinary €10,000; Retained Earnings €45,000; and Treasury Shares—Ordinary, 500 shares, €11,000. Prepare the equity section of the statement of financial position.

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Accounting Principles

Accounting Principles

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

ISBN: 978-0470534793

Answers for Questions in Chapter 13

Brief Exercises:
Continuing cookie chronicle:
DO IT! Review:
Exercises:
Financial Reporting Problem:
IFRS Concepts and application:
Problem Set A:
Problem Set B:
Questions:

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