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The adjusted trial balance for Smoky's Supplies Ltd. is presented below. Tr trial balance is prepared for December 31, 2022. Notes: 1. The notes receivable
The adjusted trial balance for Smoky's Supplies Ltd. is presented below. Tr trial balance is prepared for December 31, 2022. Notes: 1. The notes receivable is expected to be collected on March 15, 2023 2. Both deferred revenue and refund liability will be settled in 2023. 3. The bank loan matures in 5 years 4. At the beginning of the year, there were 4000 shares issued valued at $100 per share. 5. At the end of the year, there were 5000 shares issued valued at $100 per share Required: Using the information from your Statement of Changes in Income and the adjusted trial balance above, prepare in good form a Statement of Changes in Equity for Smoky's Supplies for the period ending December 31, 2022
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