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Prepare a statement of shareholders equity in a tabular form

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Reference no: EM133112636

Question - Tote Ltd. reported the following balances on January 1, 2020:

Common shares $740,000

Retained earnings 140,000

Accumulated other comprehensive income 142,000

During the year Tote earned a net income of $6200,000 and generated other comprehensive income of $128,000.

Required - Prepare a statement of shareholders' equity in a tabular form for the year ended December 31, 2020.

Reference no: EM133112636

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