Question: REQUIRED Use the information provided below to prepare the Statement of Changes in Equily of Surray Traders for the vear ended 28 Februarv 2023 .

 REQUIRED Use the information provided below to prepare the Statement of

REQUIRED Use the information provided below to prepare the Statement of Changes in Equily of Surray Traders for the vear ended 28 Februarv 2023 . The following must be considered: (a) On 28 February 2023 the Statement of Comprehensive income refected a net profit of R1 400000. (b) The partners are entfled to interest at 15% p.a. on their capial balances. Note: Raymond decreased his capital contribution by R200 000 on 31 August 2022 whilst Sunny increased his capital balance by the same amount on 01 December 2022 . These caplal changes have been recorded. (c) The parthers are entited to the following monthly salaries: Sunny R25 000 Raymond R20 000 (d) Raymond is enteted to a bonus equal to 10% of his amual salary. (e) The remaining profitshortall must be shared between Sumn and Raymond in the ratio of the capital balances as at the beginning of the financial year

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