Essay
Using the information presented below, prepare a statement of changes in equity and balance sheet from the adjusted trial balance of Hanson Storage. Ms. Hanson's capital account balance of $40,340 consists of a $30,340 beginning-year balance plus a $10,000 investment during the current year.
HANSON STORAGE
Statement of Changes in Equity
For Year Ended December 31
Correct Answer:

Verified
Correct Answer:
Verified
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