Question Two Developing Ltd has an authorised capital of 50,000,10% preference shares of NI each and 200,000 ordinary shares of 50K each. After preparation of the profit and loss account for 2021, the following balances remained in the ledger The atrectors recommend: i. That N10,000 be transferred to general reserve, 4 ii. Pyyment of the preferenee dividend, iii. An ordinary dividand of 15%. isequices: Prepare the statement of changes in equity for 2021 and a SOFP as at 31 Deesaber 2021