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Learning Ltd's balance sheet as at 1 January 2020 was as follows: 2 million 72 Share Share capitale premium- Asset revaluation reserve Retained earnings Totale

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Learning Ltd's balance sheet as at 1 January 2020 was as follows: 2 million 72 Share Share capitale premium- Asset revaluation reserve Retained earnings Totale Net assets 3224 #million #millione #millione #million- millionele Equitye Share capital (1 x 225 million ordinary shares) 225 Answer Answer Answer Answer Answer Opening balance Share premium 2014 Asset revaluation reserve 124 Retained earnings 6542 Answer Answer Answer Answer Answer Total equity 32242 Bonus share issue During the vear ended on 31 December 2020, several events took place as follows: Answer Answer Answer Answer Answer Rights issue 1. The company made a net profit of 7.5 million for the year from ordinary operations. 2 The company has buildings which cost 16 million. On 31 December 2020, the buildings' accumulated depreciation amounted to 5.5 million. The fair value of the buildings as 31 Decemb 2020 was estimated to be 13 million. The company revalued the buildings to their fair value on 31 December 2020. + Answer Answer Answer answer Answer inswer Answer Answer Answer Answer Answer Answer Answer t Gain on asset revaluatione 3. On 1 July 2020, the company made a one-for-five bonus issue to the existing shareholders. The bonus issue was funded by the retained earnings. Immediately after the bonus issue, the company made a one-for-three right issue at 130 per share. Answer Answer Answer Answer Answer Profit for the year 4 On 30 November 2020, the company declared a dividend totalling 8 million to be paid to its shareholders. The dividend was unpaid as at 31 December 2020. + Required: Answer Answer Answer Answer Answer Dividende Prepare a statement of changes in equity for the company as at 31 December 2020. Ignore the effect of corporate tax. (10 marks) Please only enter numbers without any commas and pound signs. If an amount needs to be subtracted, show it in parentheses. Enter "blank for any blank that is not affected by a particular transaction. Answer Answer Answer Answer Answer Closing balance

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