Cation.wiley.com/was/ui/v2/assessment-player/index.html?launchld=8ca6c6b9-025d-43e7-ab61-efaadfedec04#/question/8 Problem Review (optional) Question 9 of 9 View Policies -/1 E : Current Attempt in...
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Cation.wiley.com/was/ui/v2/assessment-player/index.html?launchld=8ca6c6b9-025d-43e7-ab61-efaadfedec04#/question/8 Problem Review (optional) Question 9 of 9 View Policies -/1 E : Current Attempt in Progress The following information is available for Blossom Inc. for the preparation of its September 30, 2024, financial statements: Income before taxes Income tax expense Other comprehensive income (loss) Earnings per share Dividends declared, common Dividends declared, preferred Retained earnings, October 1, 2023 Accumulated other comprehensive income, October 1, 2023 Share capital, common shares, October 1, 2023 Share capital, preferred shares, October 1, 2023 Blossom did not issue or buy back any shares during the year. $228,000 $62,000 $(11,500) $1.700 $35,000 $13,000 $1,455,000 $42,500 $2,000,000 $400,000 Problem Review (optional) Question 9 of 9 -/1 E Prepare the shareholders' equity section of the statement of financial position as at September 30, 2024. (Hint: identify which accounts will appear in the equity section and then calculate the year-end balances in those accounts.) Blossom Inc. Statement of Financial Position (Partial) September 30, 2024 Current Assets Current Assets Total Assets eTextbook and Media Cation.wiley.com/was/ui/v2/assessment-player/index.html?launchld=8ca6c6b9-025d-43e7-ab61-efaadfedec04#/question/8 Problem Review (optional) Question 9 of 9 View Policies -/1 E : Current Attempt in Progress The following information is available for Blossom Inc. for the preparation of its September 30, 2024, financial statements: Income before taxes Income tax expense Other comprehensive income (loss) Earnings per share Dividends declared, common Dividends declared, preferred Retained earnings, October 1, 2023 Accumulated other comprehensive income, October 1, 2023 Share capital, common shares, October 1, 2023 Share capital, preferred shares, October 1, 2023 Blossom did not issue or buy back any shares during the year. $228,000 $62,000 $(11,500) $1.700 $35,000 $13,000 $1,455,000 $42,500 $2,000,000 $400,000 Problem Review (optional) Question 9 of 9 -/1 E Prepare the shareholders' equity section of the statement of financial position as at September 30, 2024. (Hint: identify which accounts will appear in the equity section and then calculate the year-end balances in those accounts.) Blossom Inc. Statement of Financial Position (Partial) September 30, 2024 Current Assets Current Assets Total Assets eTextbook and Media
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