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Zylex plc provided the following information at 31 December 2022: - Share Capital (1 ordinary shares) 200,000 - General Reserve 15,000 - Retained Earnings 65,000
Zylex plc provided the following information at 31 December 2022: - Share Capital (1 ordinary shares) 200,000 - General Reserve 15,000 - Retained Earnings 65,000 - Share premium 30,000 The following transactions completed by Zylex during the current fiscal year: On 1st March 2022 company issued 30,000 new shares at a price 1.50 each. On 31 st June 2022 Zylex company reacquired 10,000 shares at its common stock at 1.7 each. On 31 September 2022 a dividend of 0.20 cent per share was paid. The profit for the year ended 31 December 2022 was 20,000. An amount of 10,000 was transferred to General Reserve. Required: 1. Prepare a statement of Changes in Owner's Equity of Zylex plc for the period ended 31 st Dec 2022
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