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Bramble Limited reported the following for 2023: sales revenue, $904,000; cost of sales, $767,000; operating expenses, $100,400; and unrealized gain on FV-OCI investments, $59,400.
Bramble Limited reported the following for 2023: sales revenue, $904,000; cost of sales, $767,000; operating expenses, $100,400; and unrealized gain on FV-OCI investments, $59,400. The company had January 1, 2023 balances as follows: common shares, $800,000; accumulated other comprehensive income, $200,000; and retained earnings, $904,000. The company did not issue any shares during 2023. On December 15, 2023, he board of directors declared a $260,000 dividend payable on January 31, 2024. Prepare a statement of changes in equity. Ignore income tax. Beginning Balance Comprehensive Income: Net Income/(Loss) Other Comprehensive Income Bramble Limited Statement of Changes in Shareholders' Equity Accumulated Other Common Shares Retained Earnings Comprehensive Income $ $ Activate Windows Go to Settings to activate Y
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