Use the facts in Exercise 1-11 to prepare a July statement of changes in equity tor Windsor Learning
In exercise 1-11

Analysis Component: Identify those activities that caused equity to decrease during July 2014.

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S1,500 2,000 1,600 2,200 1,800 Owner's investments during Accounts payable Accounts receivable Cash Computer equipment2 Furniture Milton Windsor, capital,.... July 2014 Owner's withdrawals Supplies 1,200 1,000 1,280 300 4,200 Tutors' wages expense1,540 680 Tutoring fees earned June 30, 2014" Office rent expense 7,400 2,500 Utilities expense