Comparative statements of shareholders? equity for Anaconda International Corporation were reported as follows for the fiscal years

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Comparative statements of shareholders? equity for Anaconda International Corporation were reported as follows for the fiscal years ending December 31, 2021, 2022, and 2023.

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Required:1. Infer from the statements the events and transactions that affected Anaconda International Corporation?s shareholders? equity during 2021, 2022, and 2023. Prepare the journal entries that reflect those events and transactions.2. Prepare the shareholders? equity section of Anaconda?s comparative balance sheets at December 31, 2023 and 2022.

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Intermediate Accounting

ISBN: 978-1260481952

10th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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