On 31 January 2023, the equity section of the balance sheet of Depper plc was as follows:
Question:
On 31 January 2023, the equity section of the balance sheet of Depper plc was as follows:
During the year ended 31 January 2024, the company:
• made a 1 for 6 bonus issue of shares, making use of the share premium account • reported a final profit for the year, after tax, of £71,000 • paid dividends totalling £29,000 • made a transfer to general reserve of £3,000.
Required:
Prepare a statement of changes in equity for Depper plc for the year ended 31 January 2024.
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Related Book For
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
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