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Make the Statement of Changes in Shareholders Equity

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Reference no: EM132622241

Question - Ayew Corporation reports under IFRS. On January 1, 2019 the balances in the equity section of their Statement of Financial Position totaled $130,000, consisting of:

Common Shares $100,000

Retained Earnings $20,000

Accumulated Other Comprehensive Income $10,000

At the end of 2019, Ayew reported net income of $25,000 and an "Other Comprehensive Holding Gain" of $10,000. Ayew also declared dividends of $15,000 for 2019.

Instructions - Make the Statement of Changes in Shareholders' Equity for Ayew Corporation for 2019.

Reference no: EM132622241

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