What is the change in shareholders equity during the month

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Reference no: EM133434816

Question: Transactions made by V&C Co., a public accounting firm in France, for the month of July are shown below.

1. The company issued ordinary shares for HK$25,000 in cash.

2. The company purchased HK$7,000 of office equipment on credit.

3. The company received HK$8,000 cash in exchange for services performed.

4. The company paid HK$850 for this month's rent.

5. The company paid a dividend of HK$1,000 in cash to shareholders.

What is the change in shareholders' equity during the month of July?

Reference no: EM133434816

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