QUESTION THREE The following is an extract of a trial balance of Ruslan-Ford Partners as at 28 February 2023 Capital: Ruslan Capital: Ford Current account: Ruslan 01/03/2022 Current account: Ford 01/03/2022 Drawings: Ruslan Drawings: Ford Take the following information into account 1. Partners monthly salaries are as follows: Ruslan R10 000 Debit 60 000 240 000 140 000 Credit 300 000 200 000 50 000 [20] Ford R 8 000 2. Partners are both entitled to a 15% p.a. interest on capital. Note: Ruslan increased his capital by R100 000 on 01 December 2022. On the same date, Ford decreased his capital by R100 000 3. Ford is entitled to a bonus of 10% of the net profit in excess of R150 000 4. The net profit for the year amounted to R400 000 5. Profits should be shared in a ratio of partners' capital balances at the beginning of the financial year. Required Compile The Statement of Changes in Equity for the year ended 28 February 2023