question archive Prepare the contents of the statement of changes in equity for 2019 and 2020 following the format below

Prepare the contents of the statement of changes in equity for 2019 and 2020 following the format below

Subject:AccountingPrice: Bought3

Prepare the contents of the statement of changes in equity for 2019

and 2020 following the format below. An excerpt from the statement of changes in equity for December 31, 2019, is provided below:


         Share Retained AOCI TOTAL
capital      Earnings        Fv-OCI           
Opening—Jan 1, 2019     $1,220,000 $3,050,000 $793,000 $5,063,000
Comprehensive income        0-      1,110,200 579,500 1,689,700
Closing Dec31, 2019  $1,220,000  $4,160,200 $1,372,500 $6,752,700


For 2020, net income is $1,647,000 and other comprehensive income is $183,000 (relating to the change in value of the FV-OCI Investment during 2020). 
There were no shares issued or repurchased during the year. There are no other changes to the equity accounts for 2020. 


Fill out amounts at X (empty) place.


                   Share Retained AOCI Revaluation Total
capital earnings      Surplus
Balance Jan 1, 2019 X   X X X X
CI- as restated   X X X X X
Bal Dec 31, 2019
as restated X X X X X


Balance Jan 1,2020 X X X X X
as restated  
CI 2020 X X X X X
Balance Dec 31, 2020 X  X X X X

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