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Directions: Prepare the Statement of changes in equity. Capital beginning Additional Investment Drawings Net Income/(Net loss) Date: December 31, 2020 Php. 125,000.00 Php. 25,000.00 Php.

Directions: Prepare the Statement of changes in equity. Capital beginning Additional Investment Drawings Net Income/(Net loss) Date: December 31, 2020 Php. 125,000.00 Php. 25,000.00 Php. 78,000.00 Php, 125,00.00 Date: March 31, 2020 Php. 175,000.00 Php. 100,000.00 Php. 75,000.00 (Php. 50,000.00)

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