The following are selected transactions that may affect shareholders’ equity. Assuming the company follows IFRS (includi

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answerhappygod
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The following are selected transactions that may affect shareholders’ equity. Assuming the company follows IFRS (includi

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The following are selected transactions that may affect
shareholders’ equity. Assuming the company follows IFRS (including
IAS 39), indicate the effect that each of the 13 transactions has
on the financial statement elements that are listed.
Converted bonds to common shares.
Declared a cash dividend.
Effected a stock split.
Recorded the expiration of insurance coverage that
was previously recorded as prepaid insurance.
Paid the cash dividend declared in item 2 above.
Recorded accrued interest expense on a note payable.
Recorded an increase in the fair value of an FV-OCI investment
in shares
that will be distributed as a property dividend. The carrying
amount of the FV-OCI investment was greater than its cost.
The shares are traded in an active market.
Declared a property dividend (see item 7 above).
Distributed the investment to shareholders (see items 7 and 8
above).
Declared a stock dividend.
Distributed the stock dividend declared in item 10.
Repurchased common shares for less than their initial issue
price.
Converted preferred shares into common shares.
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