Question: Please assist. REQUIRED Use the information provided below to prepare the Statemert of Changes in Eculy of Sunray Traders for the vast andad on Fahnurv
REQUIRED Use the information provided below to prepare the Statemert of Changes in Eculy of Sunray Traders for the vast andad on Fahnurv 2 mez. The following must be considered: (a) On 2B February 2023 the Statement of Comprehensive income reflected a net profit of R1 400000 . (b) The partners are entited to interest at 15% p. a. on their capial balances. Noto: Raymond decreased his capital contribution by R200 000 on 31 August 2022 whlat Sumy horeased his capitaffoalance by the same amount on 01 December 2022 . These cagtal changes have been recarded. (c) The partners are entiled to the following monthly salaries: Suny R25000 Raymond R20000 (d) Raymond is entifed to a bonus equal b 10% of his amual solary. (e) The remaining profishortall must be shared betwean Sumy and Roymond in the rato of the capital baiances as at the beginning of the financial year
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