Thanks to visit codestin.com
Credit goes to www.scribd.com

Scribd
Upload
10 views3 pages

SOCIE

statement of changes in equity

Uploaded by

Haneef 7
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
10 views3 pages

SOCIE

statement of changes in equity

Uploaded by

Haneef 7
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 3

STATEMENT OF PROFIT AND LOSS ACCOUNT

PARTICULARS CALCULATION AMOUNT

Revenue 5300000
Cost of sales 1350000

Gross profit 3950000

Distribution cost 370000


Admistrative expense 490000

Profit from operation 3090000

Finance cost 190000


income from investment 210000

profit before tax 3110000

Income tax 470000

Profit after tax 2640000

STATEMENT OF CHANGES IN EQUITY

Share capital share premium

B/F 1500000 800000


other comprehensive income 0 0
Dividends paid

Balance at 31 march 20X1 1500000 800000

STATEMENT OF FINANCIAL POSITION

PARTICULARS CALCULATION AMOUNT


ASSETS

NON-CURRENT ASSET
Property plant and equipment 4250000
CURRENT ASSETS
inventories 114000
Short term investment 2700000
cash and cash equivalent 12000
trade receivable 418000
prepayment 25000

TOTAL ASSETS 7519000

EQUITY AND LIABLITIES

Share capital 1500000


Retained earning 3413000
share premium 800000

NON CURRENT LIABLITIES

long term loans 1200000

CURRENT LIABLITIES

tax payable 470000


trade payable 136000

TOTAL EQUITY AND LIABLITY 7519000


Revaluation surplus Retained earning Total equity

0 1163000 3463000
0 2640000 2640000
390000 390000

0 3413000 5713000

You might also like