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I need help with the State of Changes in Equity. Please indicate your full solutions. Cash Accounts Receivable Prepaid Advertising Supplies Notes Receivable Interest Receivable
I need help with the State of Changes in Equity. Please indicate your full solutions.
Cash Accounts Receivable Prepaid Advertising Supplies Notes Receivable Interest Receivable Equipment Accumulated Depreciation - Equipment Accounts Payable CORONADO LTD. Adjusted Trial Balance August 31, 2021 $ Debit 4,760 5,160 185 1,040 3,800 38 11,110 $ Credit 2,398 2,860 Salaries Payable Income Tax Payable Deferred Revenue Common Shares Retained Earnings Dividends Declared Service Revenue Interest Income Salaries Expense Rent Expense Supplies Expense 510 6,160 410 740 1,670 270 1,260 12,700 4,669 DOWN! 8,740 19 Depreciation Expense Income Tax Expense Advertising Expense LA 218 270 185 34,586 LA III 34,586 Revenues Interest Income Service Revenue Total Revenue Expenses Salaries Expense Rent Expense Supplies Expense Depreciation Expense CORONADO LTD. Statement of Income Month Ended August 31, 2021 $ 19 8,740 6,160 410 740 218 i i $ 8,759 Depreciation Expense Advertising Expense Total Expenses Income Before Income Tax Income Tax Expense Net Income 218 185 i $ i 1,046 270 i 776 Attempts: 2 of 3 used 7,713 (f2) Prepare a statement of changes in equity. Balance, Aug. 1 Issued Common Shares Balance, Aug. 31 $ Save for Later Last saved 2 hours ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. CORONADO LTD. Statement of Changes in Equity Month Ended August 31, 2021 $ $ Common Shares Retained Earnings Total Equity $ $ Attempts: 0 of 3 used SubmitStep by Step Solution
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