On June 1, 20A, Global Services, Inc., was started with $50,000 invested by the owners as share capital. On June 30, the accounting records contained the following amounts:
Prepare a statement of changes in equity for June, the first month of operation. Ignore income taxes.

Question

On June 1, 20A, Global Services, Inc., was started with $50,000 invested by the owners as share capital. On June 30, the accounting records contained the following amounts:
  Prepare a statement of changes in equity for June, the first month of operation. Ignore income taxes.

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The Answer of On June 1, 20A, Global Services, Inc., was started with $50,000 invested by the owners as share capital. On June 30, the accounting records contained the following amounts:
  Prepare a statement of changes in equity for June, the first month of operation. Ignore income taxes.