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all part of one question... that table could not fir in phone image so i had to create half of the question in word One
all part of one question... that table could not fir in phone image so i had to create half of the question in word
One Page om 100 Zoom to 100% Multiple Pages Page Width Macros New Arrange Split Window All Switch Windows 10 11 12 16 Major Communications Ltd., a publicly traded company that specializes in data capture, has been in operation for several years. On October 1, 2019, it had 10 million common shares authorized and 1,380,000 shares issued at an average value of $32 per share. As well, there were 1 million preferred shares authorized, with 210,000 of them issued at $16 per share. During the fiscal year ended September 30, 2020, the company generated net income after taxes of $23,300,000 and other comprehensive loss of $4,880,000. On October 1, 2019, the balance in Retained Earnings was $21,240,000 and the balance in Accumulated Other Comprehensive Income was $1,100,000. The preferred shares pay an annual dividend of $1.10. During the fiscal year 2020, the following transactions affected shareholders' equity: 1 On November 1, 2019,360,000 new common shares were issued at $34 per share, 2. On March 15, 2020, a 5% common stock dividend on the outstanding shares was declared and distributed when the market price was $42 per share. 3. On September 1, 2020, a dividend of 54.65 per common share was declared. The date of record was September 15, 2020, with the date of payment being October 5, 2020. The pikeferred dividend for the year was declared and paid. Prepare the statement of changes in shareholders' equity as at September 30, 2020. (If an amount reduces the account balance then enter with negative sign, G.d.- 15,000 or in parenthesis, 0.g. (15,000).) Major Communications Ltd. Statement of Charges in Shareholders' Equity Year Ended September 30, 2020 # of Common #of Preferred Retained Accumulated common shares preferred shares earnings other shares (5) shares (5) (S) comprehensive Income (5) Total (S) Oct, 12019 Common shares issued Stock dividend -common shares Common cash dividends Preferred cash dividend Net income Other comprehensive loss Sept. 30, 2020 Foc 3 tv Common cash dividends Preferred cash dividend Net income I Other comprehensive loss Sept. 30, 2020 eTextbook and Media List of Accounts Prepare the shareholders equity section of the statement of financial position as at September 30, 2020. (Enter negative answers using either a negative sin preceding the numberes. -5,125 or parentheses es. (5,1250 Major Communications Ltd. Shareholders' Equity September 30, 2020 $ Textbook and Media List of Accounts Attempts of 3 used Sunil Art MacBook Pro Step by Step Solution
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