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CFA Level 1
Financial Reporting and Analysis

Calculating Total Equity from Statement of Changes in Equity

Easy Financial Statements Statement Of Changes In Equity

ABC Company provides the following information regarding its equity accounts for the year ending December 31, 2022:

- Beginning Share Capital: $100,000

- Ending Share Capital: $120,000

- Beginning Retained Earnings: $200,000

- Ending Retained Earnings: $250,000

- Dividends declared during the year: $10,000

What amount would be reported as total equity in the Statement of Changes in Equity for the year ended December 31, 2022?

Hint

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