Chapter 6
Corporations: Contributed Capital and Dividends
256
AS-8 (
2
)
What are some reasons why a private enterprise would adopt IFRS over ASPE?
AS-9 (
3
)
Which portion of shareholders' equity relates to contributions by shareholders? Which relates
to accumulated earnings?
AS-10 (
3
)
Name the two sub-categories of contributed capital.
AS-11 (
3
)
You are preparing the financial statements for a corporation. You must disclose the number of
shares authorized. Where would you find the number of shares authorized?
