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.)

					Equity Attributable to Disney
					Shares		Common Stock		Retained Earnings		AOCI(L)*		Treasury Stock		Total Disney Equity
Balance at September 28, 2013					1,773		$33,440		$47,758		$(1,187)		$(34,582)		$45,429
Comprehensive income					-		-		7,501		(781)		-		6,720
Equity compensation activity					18		844		-		-		-		844
Common stock repurchases					(84)		-		-		-		(6,527)		(6,527)
Dividends					-		17		(1,525)		-		-		(1,508)
Contributions					-		-		-		-		-		-
Distributions and other					-		-		-		-		-		-
Balance at September 27, 2014					1,707		$34,301		$53,734		$(1,968)		$(41,109)		$44,958

*Accumulated Other Comprehensive Income (Loss)

a. Did Disney issue any additional common shares in fiscal year 2014 (ending on September 27, 2014)?

Disney issued Answer

million additional common shares in fiscal year 2014.

b. What was Disneys total comprehensive income in 2014? $Answer

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 answers, when appropriate.

	Balance Sheet
Transaction	Cash Asset	+	Noncash Assets	=	Liabilities	+	Contrib. Capital	+	Earned Capital	-	Contra Equity
Purchased treasury shares.	Answer	+	Answer	=	Answer	+	Answer	+	Answer	-	Answer

Income Statement
	Revenue	-	Expenses	=	Net Income
	Answer	-	Answer	=	Answer

Prepare the journal entry and post to the related T-accounts.

General Journal
Description		Debit	Credit
AnswerAddition paid in capitalCashCommon stockTreasury stock		Answer	Answer
AnswerAddition paid in capitalCashCommon stockTreasury stock		Answer	Answer

Cash
	Answer	Answer

Treasury Stock
	Answer	Answer

Additional Paid in Capital
	Answer	Answer

Common Stock
	Answer	Answer