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Question 3 (20 Marks) The information given below was extracted from the accounting records of Veco Traders, a partnership business with Bobby and Vincent. Required:

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Question 3 (20 Marks) The information given below was extracted from the accounting records of Veco Traders, a partnership business with Bobby and Vincent. Required: Prepare the Statement of Changes in Equity as at: 28 February 2021. INFORMATION Balances in the ledger 28 February 2019 Debit Credit Capital: Bobby 500 000 Capital: Vincent 300 000 Current account: Bobby (1 Mar 2020) 20 000

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