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Interpreting Information in the Statement of Shareholders' Equity The 2014 statement of stockholders' equity for Walt Disney Co. is presented below. (Disney includes both par
Interpreting Information in the Statement of Shareholders' Equity The 2014 statement of stockholders' equity for Walt Disney Co. is presented below. (Disney includes both par value and additional paid-in capital under the heading "Common Stock." Noncontrolling interests have been excluded for simplicity. All amounts in millions.) Common Retained Equity Attributes to Disney Treasury Total Shares Stock Earnings AOCI(L)* Stock Disney Equity Balance at September 28, 2013 Comprehensive income 1,773 $ 33,440 $ 47,758 $ (1,187) $(34,582) $ 6,946 726 Equity compensation activity Common stock repurchases 13 (85) 844 Dividends 17 (1,525) 45,429 6,220 844 (5,972) (5,972) (1,508) Contributions Distributions and other Balance at September 27, 2014 1,706 $ 34,301 $ 53,179 $ (1,913) $(40,554) $ 45,013 *Accumulated Other Comprehensive Income (Loss) a. Did Disney issue any additional common shares in fiscal year 2014 (ending on September 27, 2014? Disney issued 0 million additional common shares in fiscal year 2014. b. What was Disney's total comprehensive income in 2014? $ 0 million c. Show how Disney recorded the purchase of treasury shares in 2014 using the financial statement effects template. Remember to use a negative sign with your answers, when appropriate. Transaction Cash Asset + Noncash Asset Liabilities Balance Sheet Contrib. Capital Income Statement Earned Capital Contra -Equity Revenues - Expenses = Net Income Purchased treasury shares 0 0 0 + 0 0 0 0 Prepare the journal entry and post to the related T-accounts. General Journal Description Debit Credit 0 0 0 0 Prepare the journal entry and post to the related T-accounts. General Journal Description Cash 0 Treasury Stock 0 0 Debit Credit 0 0 0 0 Additional Paid in Capital 0 Common Stock 0 0
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