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 2018.
In addition to the above, it is noted that during the year ended 30 June 2019:
(a) 100 000 shares were issued at $1.50 per share
(b) Comprehensive income after taxation was $631 000
(c) An interim dividend of $128 000 was paid together with a final dividend of $175 000
(d) $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 2019.
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Related Book For
Financial Accounting
ISBN: 9781118608203
9th Edition
Authors: John Hoggett, Lew Edwards, John Medlin, Keryn Chalmers, Jodie Maxfield, Andreas Hellmann, Claire Beattie
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