Tim Hortons Inc. reported the following changes to its shareholders' equity accounts (in thousands) for the year

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Tim Hortons Inc. reported the following changes to its shareholders' equity accounts (in thousands) for the year ended January 2, 2011.

Tim Hortons Inc. reported the following changes to its shareholders'

Additional information: Tim Hortons has an unlimited number of common shares authorized with a stated value of $2.84 per share. The number of shares issued is shown in parentheses in the share capital section of the above table, and are also in thousands.
Instructions
(a) Prepare a statement of changes in equity for the year ended January 2, 2011.
(b) Prepare the shareholders' equity section of the statement of financial position at January 2, 2011.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118024492

5th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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