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Alport Limiced is a privately ormed large compony that is successfully engaged in the extraction...

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Accounting

Alport Limiced is a privately ormed large compony that is successfully engaged in the extraction of bauxite and alumina and has peen preppang to offer its share on the Jamaica Stock Exchango soon. The CEO has asked you to prepare a Statenent of Changes of Equity to be included in the Prospectus. Details are as follows: Composition of the phareholders equity as at july 1.2017 is as follows: Ordinary shares (20) 1 authorized) 15M issued Share premium Capital reserves Retained carmings Revaluation surplus 5150M 520M 530M 590M 515M 5305M On August 31, 2015, the company declared and issued 1:10 bonus shares. The price per share at that date was $10 cach. On September 1. 201s, the company issued 1,000,000 new

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