The equity of Lochinvar Ltd at 30 June 2019 was as follows. During the year ended 30

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The equity of Lochinvar Ltd at 30 June 2019 was as follows.

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During the year ended 30 June 2020, the following transactions occurred.

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Required

(a) Prepare general journal entries to record all transactions for the year.

(b) Prepare a statement of changes in equity for Lochinvar Ltd for the year ended 30 June 2020.

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Financial Accounting

ISBN: 9780730363217

10th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie, Andreas Hellmann, Jodie Maxfield

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