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REQUIRED Use the infomation provided below to prepare the Statement of Changes in Equily of Sunay Traders for the year ended 28 February 2023 INFORMATION

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REQUIRED Use the infomation provided below to prepare the Statement of Changes in Equily of Sunay Traders for the year ended 28 February 2023 INFORMATION The following must be considered: (a) On 28 February 2023 the Statement of Comprehensive income reflected a net profit of R1 400000 . (b) The partners are entuled io interest at 15% p.a. on their capital balances. Note: Ravmond decreased his canital coniribution by R200 000 on 31 August 2022 whilst Sunny increased his capital balance by the same amount on 01 Decamber 2022 . These capilat changes have been recorded. (c) The patren are entillad to the following monthly salaries: Bunny R25 000 Raymand Reo 0010 Raymond is entiled to 1 bonus equal to 10% of his annual salary. Iaf Tha ramaining nrocilshortall must be shared between Sunny and Raymond in the ratio of the capital balances as at the beginning of the financial year

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