Yuan Spa Inc.s statement of changes in equity shows the following information: Requirement 1. Calculate the missing

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Yuan Spa Inc.€™s statement of changes in equity shows the following information:

Requirement
1. Calculate the missing amounts.
2. If Yuan Spa€™s revenue was $45,000, what were the expenses for the year?

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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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Question Posted: Jul 08, 2015 02:05 AM

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Yuan Spa Inc.s statement of changes in equity shows the following information: Requirement 1. Calculate the missing

Question:

Common Shares Retained Earnings Total Balance, Jan. 1, 2013 Issued Common Shares Net Income (Loss) Dividends Balance, Dec. 31, 2013 $12,000 $18,000 $(3,000) $20,000 $42,000

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