(5 Marks) CLO 2.1 (S1, S2) Apply IFRS concept and prepare comprehensive income statement and staiement...
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(5 Marks) CLO 2.1 (S1, S2) Apply IFRS concept and prepare comprehensive income statement and staiement of retained earnings Tsui Corporation has: Retained Earnings, January 1, 2015 $675,000 Net loss during 2015 was 40,000 Cash dividends declared and paid during 2015 totaled 7,000 Unreaiized gain on siocks 32,000 Unrealized Loss on Bonds 13,000 o Prepare a retained earnings statement for the year ended December 31, 2015. TSUI CORP. Retained Earnings Statement For the Year Ended December 31, 2015 Retained Earnings, Jan. 1, 675,000 Retained Earnings , Dec 31, 2015 (5 Marks) CLO 2.1 (S1, S2) Apply IFRS concept and prepare comprehensive income statement and staiement of retained earnings Tsui Corporation has: Retained Earnings, January 1, 2015 $675,000 Net loss during 2015 was 40,000 Cash dividends declared and paid during 2015 totaled 7,000 Unreaiized gain on siocks 32,000 Unrealized Loss on Bonds 13,000 o Prepare a retained earnings statement for the year ended December 31, 2015. TSUI CORP. Retained Earnings Statement For the Year Ended December 31, 2015 Retained Earnings, Jan. 1, 675,000 Retained Earnings , Dec 31, 2015
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Statement of Retained Earnings For the year ended December 31 2015 Retaine... View the full answer
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
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