As at 1 January 2014 the equity of Masters plc comprised the following:
| £000 Don't use plagiarized sources. Get Your Custom Essay on as at 1 january 2014 the equity of masters plc comprised the following 611340 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | |
| Issued share capital | 500 |
| Share premium account | 100 |
| Retained earnings | 89 |
| Total equity | 689 |
During the year a further 100,000 £1 shares were issued at a premium of 75p. Profit for the year was £37,200 and the level of dividends paid totalled £12,000. The statement of changes in equity would be.
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