For a recent 2-year period, the statement of financial position of Jiang Group showed the following equity

Question:

For a recent 2-year period, the statement of financial position of Jiang Group showed the following equity data at December 31 (amounts in millions).

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Instructions

(a) Answer the following questions.
(1) What is the par value of the ordinary shares?
(2) What is the cost per treasury share at December 31, 2016, and at December 31, 2015?

(b) Prepare the equity section of the statement of financial position at December 31, 2016.

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Related Book For  book-img-for-question

Intermediate Accounting IFRS Edition

ISBN: 9781118443965

2nd Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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