Question: Prepare statement of changes in equity with the below Sunland Grove Hardware has the following balances in the company ledgers for the year ending December
Prepare statement of changes in equity with the below
Sunland Grove Hardware has the following balances in the company ledgers for the year ending December 3 $80,000 Interest Expense $3,300 $9.200 $19,700 $14.000 $48.200 $19.400 Depreciation expense $596,000 $11,700 $95,700 $303,700 $12,000 $40,600 Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash Advertising Accounts Receivable Sales revenue Accounts Payable Buildings (Net) Cost of Goods Sold Note Payable (due in 9 months) Retained Earnings (Beg Bal-Jan 1) Land Office salaries Sales Salaries Supplies expense Insurance expense Income tax expense Dividend Payments Interest Income Inventory $12,100 $23,800 $71.100 $96.500 $18.700 $6,500 $15,100 $7,300 $6,800 $11,000 $19.600
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