E10-31A. (Learning Objective 4: Reporting shareholders equity after a stock split) Clublink Corp. had the following shareholders

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E10-31A. (Learning Objective 4: Reporting shareholders’ equity after a stock split) Clublink Corp. had the following shareholders’ equity at October 31 (dollars in millions, except par value per share):

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On December 6, Clublink split its $1.50 par ordinary share 3-for-1.

Requirement 1. Prepare the shareholders’ equity section of the Balance Sheet immediately after the split.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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