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Prepare a statement of changes in equity for maria laundry

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Reference no: EM133000028

Problem 1: Prepare a statement of changes in equity for Maria's Laundry Shop. Follow the correct format.

The following balances were retrieved from the records of Maria's Laundry Shop for the year ended December 31, 2019:

Capital, January 1, 2019 P 600,000

Withdrawals 150,000

Additional Investments 100,000

Net Income 45,000

Reference no: EM133000028

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