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 Attributes 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.

Income Statement Noncash Asset Balance Sheet Contrib. Liabilities Capital 0 0 Cash Asset + = + + Earned Capital 0 Contra -Equity 0 Revenues Transaction Purchased treasury shares Expenses = Net Income 0 + + 0 0 = 0 Prepare the journal entry and post to the related T-accounts. General Journal Description Debit Credit 0 0 0 0 Cash Additional Paid in Capital 0 0 0 Treasury Stock Common Stock 0 0 0