Prepare a statement of changes in equity for Small Limited for the year ended 30 September 2023: Financial Accounting Assignment, Malaysia

Subject Financial Accounting Assignment

Your tasks:

1)Prepare a statement of changes in equity for Small Limited for the year ended 30 September 2023. (12 marks)

2) Small Limited is considering issuing preference shares. State THREE differences between ordinary shares and preference shares.

3) Prepare a note to the Statement of cash flows, showing the make-up of cash and cash equivalents as at the beginning and end of the financial year.

4) Prepare the Statement of cash flows for the year ended 30 September 2023 in accordance with IAS 7.

5) State why the bonus issue of shares is not disclosed in a statement of cash flows and name one financial transaction, other than bonus issue of shares, which would not be recorded in a statements of cash flows.

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