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prepare a statement of changes in equity for the month of june On June 1, 2021. Martinez Corp. was formed its assets, llabilities, share capital,
prepare a statement of changes in equity for the month of june
On June 1, 2021. Martinez Corp. was formed its assets, llabilities, share capital, revenues, expenses, and dividends as at June 30 follow: Cash $14,400 $1,152 Supplies Equipment Accounts receivable 8.640 49.920 Accounts payable 7,008 Interest expense 768 Bank loan payable 22.080 Office expense 1,440 Common shares 34,560 Utilities expense 1.440 Dividends declared 960 Income tax expense 672 Service revenue 23.232 Salaries expense 5,472 Supplies expense 2.016 Prepare a statement of changes in equity for the month of June. If an amount reduces the account balance then enter with negative signes. -45 or parentheses es (451) MARTINEZ CORP. Statement of Changes in Equity Common Shares Retained Earnings Total Equity $ Step by Step Solution
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