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urgent pls answer b Monty Construction Ltd . prepares its reports using IFRS. The following information relates to its shareholders' equity on January 1 .
urgent pls answer b Monty Construction Ltd prepares its reports using IFRS. The following information relates to its shareholders' equity on January the first day of its fiscal year. During the year, there were the following transactions related to shares. On May Monty purchased equipment in exchange for common s Marigold Construction Ltd prepares its reports using IFRS. The following information relates to its shareholders' equity on January
the first day of its fiscal year.
During the year, there were the following transactions related to shares.
On May Marigold purchased equipment in exchange for common shares with a market value of
$ per share. The fair value of the equipment was $
On June Marigold's board of directors declared the semiannual dividend to the preferred shareholders
of record on June payable June
The semiannual dividend to the preferred shareholders is paid on the appropriate date.
On September reacquired common shares for $ cash.
On December Marigold's board of directors declared the second semiannual dividend to the preferred
shareholders and a stock dividend to the common shareholders for shareholders of record on December
payable January The market price of the common shares at December was $ per share.
Reported comprehensive income of $ for the year, consisting of $ of profit and $ other
comprehensive income. a
Prepare a schedule showing all transactions for common shares and the calculation of the average per share amount. Round
average cost to decimal places, eg $hares with am market value of $ per share. The fair value of the equipment was $ On June Monty's board of directors declared the semi annual dividend to the prefeered shareholders of record on June payable June The semiannual dividend to the preferred shareholders is pald on the appropriate date. On September reacquired common shares for $ cash.On December Monty's board of directors declared the second sempannual dividend to the preferred shareholders and a
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