1. Prepare the Bear Ltd statement of changes in equity for the hear ended 30 June 2021 in accordance with AASB101

ers' equity section in the statement of financial position of Bear Ltd at 30 June 2021 is as follows: Account balance 30 June 2021 30 June 2020 $ $ Issued capital - Ordinary shares 200,000 160,000 108,000 Revaluation surplus - Property, plant and equipment 100,000 Retained earnings 190,000 160,000 Total 498,000 420,000 Additional information: Bear Ltd issued 40,000 ordinary shares at $1.00 each on 31 March 2021 for cash. Total comprehensive income for the year ended 30 June 2021 was $148,000 which included a gain on revaluation of property, plant and equipment (net of tax) of $28,000. This amount will not be reclassified subsequently to profit or loss. On 1 May 2021 a transfer of $20,000 was made from revaluation surplus - property, plant and equipment to retained earnings. On 1 June 2021, Bear paid a final dividend of $110,000. This was the only dividend paid or declared during the year ended 30 June 2021. Bear Ltd is a single entity and does not prepare consolidated statements. Bear Ltd is a reporting entity and uses a 30 June year end balance date