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Prepare a detailed statement of changes in equity for Home Depot, Inc. for the year ending December 31, 2023. Data: beginning equity $1,000,000, net income
- Prepare a detailed statement of changes in equity for Home Depot, Inc. for the year ending December 31, 2023. Data: beginning equity $1,000,000, net income $400,000, dividends paid $100,000, issue of new shares $200,000, and revaluation surplus $40,000. Discuss the changes in equity and their implications on the company’s financial position.
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
11th edition
978-0133851151, 013385115X, 978-0133866889
