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The following balances remained in the ledger of Bangkeet Berhad after preparation ofthe Statement of Profit and Loss for the year ended 31st December 2022:
The following balances remained in the ledger of Bangkeet Berhad after preparation ofthe Statement of Profit and Loss for the year ended 31st December 2022: Additional information: (i) Corporation tax is RM12,000. (ii) Transfer to general reserve of RM10,000. (iii) The directors proposed a dividend of 12% on the ordinary shares. Required to prepare: (a) Statement of Changes in Equity for the year ended on 31st December 2022. (10 marks) The following balances remained in the ledger of Bangkeet Berhad after preparation ofthe Statement of Profit and Loss for the year ended 31st December 2022: Additional information: (i) Corporation tax is RM12,000. (ii) Transfer to general reserve of RM10,000. (iii) The directors proposed a dividend of 12% on the ordinary shares. Required to prepare: (a) Statement of Changes in Equity for the year ended on 31st December 2022. (10 marks)
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