Garcia Enterprises has the following accounts at December 31: Share Capital Ordinary, 10 par, 5,000 shares issued,

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Garcia Enterprises has the following accounts at December 31: Share Capital— Ordinary, €10 par, 5,000 shares issued, €50,000; Share Premium—Ordinary €32,000; Retained Earnings €45,000; and Treasury Shares, 500 shares, €9,000. Prepare the equity section of the statement of financial position.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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