Directions: Prepare the Statement of changes in equity. |Capital beginning Additional Investment Drawings Net Income/(Net loss) Date: December 31, 2020 Php. 125,000.00 Php. 25,000.00 Php. 78,000.00 Php, 125,00.00 Date: March 31, 2020 Php. 175,000.00 Php. 100,000.00 Php. 75,000.00 (Php. 50,000.00)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Directions: Prepare the Statement of changes in equity.
Capital beginning
Additional Investment
Drawings
Net Income/(Net loss)
Date: December 31, 2020
Php. 125,000.00
Php. 25,000.00
Php. 78,000.00
Php, 125,00.00
Date: March 31, 2020
Php. 175,000.00
Php. 100,000.00
Php. 75,000.00
(Php. 50,000.00)
Transcribed Image Text:Directions: Prepare the Statement of changes in equity. Capital beginning Additional Investment Drawings Net Income/(Net loss) Date: December 31, 2020 Php. 125,000.00 Php. 25,000.00 Php. 78,000.00 Php, 125,00.00 Date: March 31, 2020 Php. 175,000.00 Php. 100,000.00 Php. 75,000.00 (Php. 50,000.00)
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