The following information relating to Mount Athos Ltd has been obtained from the balance sheet as at

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The following information relating to Mount Athos Ltd has been obtained from the balance sheet as at 30 June 2019.

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In addition to the above, it is noted that during the year ended 30 June 2020:
1. a total of 100 000 shares were issued at $1.50 per share 2. comprehensive income after taxation was $631 000 3. an interim dividend of $128 000 was paid together with a final dividend of $175 000 4. $85 000 was transferred from the retained earnings account to the general reserve.
Required

Prepare a statement of changes in equity for Mount Athos Ltd for the reporting period ended 30 June 2020.

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Financial Accounting

ISBN: 9780730363217

10th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie, Andreas Hellmann, Jodie Maxfield

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