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The following accounts appear in the ledger of Dynatech Inc. after the books are closed at December 31, 2021: Accumulated other comprehensive income $51,410 Common
The following accounts appear in the ledger of Dynatech Inc. after the books are closed at December 31, 2021:
Accumulated other comprehensive income | $51,410 | ||
Common shares (unlimited number of shares authorized, 265,000 shares issued) | 795,000 | ||
Stock dividends distributable | 95,400 | ||
Contributed surplus | 64,660 | ||
Preferred shares ($1.4 noncumulative, 106,000 shares authorized, 10,600 shares issued) | 265,000 | ||
Retained earnings (of which $530,400 is restricted for a plant expansion) | 1,420,400 |
Prepare the shareholders equity section of Dynatechs statement of financial position, including anyrequired note disclosure. (Enter account name only and do not provide descriptive information. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
DYNATECH INC. Statement of Financial Position (Partial) choose the accounting period December 31, 2021For the Quarter Ended December 31, 2021For the Year Ended December 31, 2021 | |||||
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select an opening section name Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | |||||
select an opening name for subordinate part of this subsection Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | |||||
select an account title Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | $enter a dollar amount | ||||
select an account title Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | enter a dollar amount | ||||
select an account title Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | enter a dollar amount | ||||
select a closing name for subordinate part of this subsection Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | $enter a subtotal of the three previous amounts | ||||
select an account title Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | enter a dollar amount | ||||
select a closing name for this subsection Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | $enter a total amount for this subsection | ||||
select an account title Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | enter a dollar amount | ||||
select an account title Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | enter a dollar amount | ||||
select a closing section name Accumulated Other Comprehensive IncomeCommon SharesContributed SurplusPreferred SharesRetained EarningsShare CapitalShareholders EquityStock Dividends DistributableTotal Share CapitalTotal Shareholders Equity | $enter a total amount for this section |
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