Prepare the Statement of Changes in Equity: Journal entries for the additional transactions Date Jan. 6, 2021
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Prepare the Statement of Changes in Equity:
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Journal entries for the additional transactions Date Jan. 6, 2021 Jan. 20, 2021 Feb. 22, 2021 Feb. 28, 2021 March 15, 2021 April 15, 2021 August 30, 2021 Sept. 12, 2021 Sept. 30, 2021 Nov. 30, 2021 Dec. 15, 2021 Dec. 31, 2021 Particulars Land Compensation Expense Treasury Shares Cash Subscription Receivable Cash Subscribed Ordinary Share Capital Share Premium Subscribed Ordinary Shares Cash Cash Share Premium Memo entry only Treasury Shares Dividends Dividends Revenues Ordinary Share Capital Share Premium Ordinary Share Capital Share Premium Cash Subscribed Ordinary Share Capital Share Premium Subscription Receivable Ordinary Share Capital Ordinary Share Capital Subscription Receivable Treasury Shares Donated Capital Dividends Payable Dividends Payable Expenses Retained Earnings Dr 222,750 200,000 108,000 163,800 163,800 140,400 10,800 2,000 1,800 21,400 36,000 7,200 24,000 156,960 32,400 500,000 Cr 13,500 209,250 10,000 190,000 108,000 12,600 315,000 140,400 10,800 1,800 23,400 43,200 24,000 156,960 32,400 248,000 252,000 Journal entries for the additional transactions Date Jan. 6, 2021 Jan. 20, 2021 Feb. 22, 2021 Feb. 28, 2021 March 15, 2021 April 15, 2021 August 30, 2021 Sept. 12, 2021 Sept. 30, 2021 Nov. 30, 2021 Dec. 15, 2021 Dec. 31, 2021 Particulars Land Compensation Expense Treasury Shares Cash Subscription Receivable Cash Subscribed Ordinary Share Capital Share Premium Subscribed Ordinary Shares Cash Cash Share Premium Memo entry only Treasury Shares Dividends Dividends Revenues Ordinary Share Capital Share Premium Ordinary Share Capital Share Premium Cash Subscribed Ordinary Share Capital Share Premium Subscription Receivable Ordinary Share Capital Ordinary Share Capital Subscription Receivable Treasury Shares Donated Capital Dividends Payable Dividends Payable Expenses Retained Earnings Dr 222,750 200,000 108,000 163,800 163,800 140,400 10,800 2,000 1,800 21,400 36,000 7,200 24,000 156,960 32,400 500,000 Cr 13,500 209,250 10,000 190,000 108,000 12,600 315,000 140,400 10,800 1,800 23,400 43,200 24,000 156,960 32,400 248,000 252,000
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To prepare the Statement of Changes in Equity we need to analyze each of the provided journal entries and determine their impact on the components of ... View the full answer
Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
Posted Date:
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