The following information relating to Mount Athos Ltd has been obtained from the balance sheet as at
Question:
The following information relating to Mount Athos Ltd has been obtained from the balance sheet as at 30 June 2019.
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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Related Book For
Financial Accounting
ISBN: 9780730363217
10th Edition
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie, Andreas Hellmann, Jodie Maxfield
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