(Solution) - Ingram Corporation has the following accounts at December 31 20 -(2025 Original AI-Free Solution)

Paper Details

Ingram Corporation has the following accounts at December 31, 2012: Share Capital?Ordinary, ?10 par, 5,000 shares issued, ?50,000; Share Premium?Ordinary ?10,000; Retained Earnings ?45,000; and Treasury Shares?Ordinary, 500 shares, ?11,000. Prepare the equity section of the statement of financial position.