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please answer in table format The Atlantic Refinery Corp. (ARC) is a public company headquartered in St. John's, Newfoundland. On 31 December 20X5, the post-

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The Atlantic Refinery Corp. (ARC) is a public company headquartered in St. John's, Newfoundland. On 31 December 20X5, the post- closing trial balance included the following accounts (in thousands of Canadian dollars): Credit Debit Investment in Mongolian subsidiary Provision for future site restoration Common shares Translation differential from Mongolian subsidiary Convertible bonds Equity portion of convertible bonds Contributed surpluspremium on common shares issued Goodwill (from purchase of Mongolian subsidiary) Investment in shares of upstream affiliate Retained earnings Trademarks The following transactions and events occurred during a. Net income amounted to $37 million. $72,300 $ 34,400 172,000 12,200 86, 2,000 35,000 18,200 36, 533, ooo 6,800 b. The value of trademarks was written off after ARC lost a patent protection lawsuit. c. An additional $1.5 million of convertible bonds was transferred from the debt portion to the equity portion. d. An accounting policy was changed due to a new IFRS taking effect in the effect of retrospective restatement was to reduce prior years' earnings by an aggregate amount of $43 million. e. The future liability for site restoration was increased by $2 million. f. Common shares with a stated value of $15 million were repurchased on the open market for $20 million and cancelled. The issue price of the shares amounted to $17 million, of which $2 million had been credited to contributed surplus, g. A new class of preferred shares was issued to a major public sector pension plan for $88 million to finance future development. h. Dividends totalling $26 million were issued during the year. Of that amount, $2 million were declared on 24 December payable to shareholders of record on January 15, in The translated amount of ARC's investment in Mongolian subsidiary declined by $4 million due to a rise in the value of the Canadian dollar. Required: Prepare a statement of changes in equity for Atlantic Refinery Corp. for the year ended 31 December 20X6. (Enter answer in thousands, not in million or in whole Canadian dollars. Negative amounts should be indicated by a minus sign.) Required: Prepare a statement of 'changes in equity for Atlantic Refinery Corp. for the year ended 31 December 20X6. (Enter answer in thousands, not in million or in whole Canadian dollars. Negative amounts should be indicated by a minus sign.) Atlantic Refinery Corporation Statement of Changes in Equity Year Ended 31 December (thousand of Canadian dollars) Translation Contributed Retained Convertible earnings bond equity Preferred shares Common shares Total gain (loss) surplus Balance, 31 Dec 20X5 Change in acctg. policy Adjusted opening balance Net income, 20X6 Dividends declared Change in convertibles Translation gain, Preferred shares issued Common shares repurchased Balance, 31 Dec 20X6 Required: Prepare a statement of changes in equity for Atlantic Refinery Corp. for the year ended 31 December (Enter answer in thousands, not in million or in whole Canadian dollars. Negative amounts should be indicated by a minus sign.) Atlantic Refinery Corporation Statement of Changes in Equity Year Ended 31 December (thousands of Canadian dollars) Convertible Preferred Contributed Retained Translation bond shares earnings surplus gain (loss) equity Common shares Total Balance, 31 Dec Change in acctg. policy Adjusted opening balance Net income, Dividends declared Change in convertibles Translation gain, 20X6 Preferred shares issued Common shares repurchased Balance, 31 Dec 20X6 12,200 e $ 35,000 $533,000 $ (4,300) 528,700 0 o 3,700 0 (2,600) e (400) (200) $ 529,800 34,800 11,800 86,400 0 150 0 86,550 8,800 0 $ 172,000 $838,600 (4,300) 834,300 o 3,700 (2,600) 150 (400) 8,800 (1,700)' (1,900) $ 842,050 $ 170,300 8,800 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted.

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