Prepare the statement of changes in equity of riley ltd

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Reference no: EM132892216

Statement of changes in equity

The shareholders' equity section of the statement of financial position of Riley Ltd at 30 June 2019 is as follows.

Additional information
- Riley Ltd issued 16 000 shares at $2.50 each on 31 May 2019 for cash.
- A transfer of $10 000 was made from retained earnings to the general reserve.
- Comprehensive income for the year was $144 000, including a foreign currency translation gain of $14 000 recognised in other comprehensive income.
- Dividends paid during 2019 comprised: final dividend for 2018, $50 000; interim dividend, $60 000.

Required

Prepare the statement of changes in equity of Riley Ltd for the year ended 30 June 2019 in accordance with AASB 101/IAS 1.

Reference no: EM132892216

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