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ABC Cos equity as of December 31, 20x1 consists of the following: Share capital 1,000,000 Retained earnings 800,000 Cumulative unrealized gains on FVOCI securities 200,000

ABC Cos equity as of December 31, 20x1 consists of the following:

Share capital 1,000,000

Retained earnings 800,000

Cumulative unrealized gains

on FVOCI securities 200,000

Total shareholders equity 2,000,000

The following are the transactions during 20x1:

*Entity A issued additional shares with an aggregate par value of 400,000.

*Entity A reported total comprehensive income of 650,000. Profit for the year was 720,000.

*Entity A declared dividends of 200,000.

Requirement:

Prepare the Statement of Changes in Equity for the year- ended December 31,20x2.

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