The following transactions took place during the year ended 31 December 2020 On 1 March 2020, a dividend of RM0 16 per share was paid Total number of ordinary shares held at that date was 148,000 shares On 1 April 2020, a bonus issue of 1 share for every 10 ordinary shares held was made On 1 November 2020, 10,000 new shares were issued at RM1 40 each All shares were subscribed for and fully paid On 1 December 2020, freehold land (included in property, plant and equipment) was revalued upwards by RM15,000 and the income tax expense for the year has been estimated at RM13,100 Required Prepare the statement of changes in equity for the year ended 31 December 2020, showing the profit for the year as the balancing figure The total assets and total liabilities of Nani Berhad as at 31 December 2020 was as follows Non current assets Property, plant and equipment 2020 RM 367,000 Current assets Inventories Trade receivables Cash at bank and in hand Total assets 26,000 79,520 nil 472,520 Non current liabilities nil Current liabilities Trade payables Bank overdraft Total liabilities 65,120 42,000 107,120 The equity of Nani Berhad at 31 December 2019 was as follows RM Ordinary share capital 148,000 Revaluation reserve 45,000 Retained earnings 92,400 Total equity 285,400

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The following transactions took place during the year ended 31 December 2020: On 1 March 2020, a dividend of RM0.16 per share was paid. Total

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The following transactions took place during the year ended 31 December 2020:

On 1 March 2020, a dividend of RM0.16 per share was paid. Total number of ordinary shares held at that date was 148,000 shares.
On 1 April 2020, a bonus issue of 1 share for every 10 ordinary shares held was made.
On 1 November 2020, 10,000 new shares were issued at RM1.40 each. All shares were subscribed for and fully paid.
On 1 December 2020, freehold land (included in property, plant and equipment) was revalued upwards by RM15,000 and the income tax expense for the year has been estimated at RM13,100. Required: Prepare the statement of changes in equity for the year ended 31 December 2020, showing the profit for the year as the balancing figure.

The total assets and total liabilities of Nani Berhad as at 31 December 2020 was as follows: Non-current assets Property, plant and equipment 2020 RM 367,000 Current assets Inventories Trade receivables Cash at bank and in hand Total assets 26,000 79,520 nil 472,520 Non-current liabilities nil Current liabilities Trade payables Bank overdraft Total liabilities 65,120 42,000 107,120 The equity of Nani Berhad at 31 December 2019 was as follows: RM Ordinary share capital 148,000 Revaluation reserve 45,000 Retained earnings 92,400 Total equity 285,400