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The following balances were taken from the book of Don Pic on 31 December 2018: Additional information: The Board of Director of Don had decided
The following balances were taken from the book of Don Pic on 31 December 2018: Additional information: The Board of Director of Don had decided to make a 10 for 1 bonus issue at 31 December 2018. Subsequently, the Board of Director of Don also declared the 10% ordinary dividend and preference dividends. Assume the ordinary dividend had approved by the shareholders. Required: Prepare the extract of Statement of Changes in Equity as at 31 December 2018. You are required to show all the workings
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