Statement of Changes in Equity and Balance Sheet for Star Inc

c) Complete the following statement of changes in equity: Star Inc. Statement of Changes in Equity For Month Ended October 31, 2023 Share Retained Total Capital Earnings Equity Balance, October 1 _____ 0 0 0 Issuance of shares +30,000 +30,000 Net incomem +7,000 +7,000 Dividends_______ (1,700) (1 ,700) Balance, October3 30,000 5,300 35,300 Marking: Balance, October 1 You have completed this line correctly. Issuance of shares You have completed this line correctly. Net income You have completed this line correctly. Dividends You have completed this line correctly. Balance, October 31 You have completed this line correctly. d) Complete the following balance sheet: Star Inc. Balance Sheet October 31, 2023 Assets Liabilities Cash +34,350 Accounts payable Equipment +750 Total liabilities___ Supplies _____ +800 Equity Total asset 35,900 Share capital Retained eamlng Total equity Total liabilities and eqUIt Marking: Assets (Left Column Lines 1-5) Left Column Line 2: Cash should be $34,950, but you have not entered this. However, your answer is consistent with the previous entries in this question, so you will not lose any marks. Left Column Line 5: Total assets should be $36,500, but you have not entered this. However, your answer is consistent with the accounts you listed in this section so you will not lose any marks. Liabilities and Equity_(Right Column Lines 1-8) Liabilities (fight Column Lines 1-3) Right Column Line 2: Accounts payable should be $1,200, but you have not entered this. However, your answer is consistent with the previous entries in this question, so you will not lose any marks. Right Column Line 3: Total liabilities should be $1,200, but you have not entered this. However, your answer is consistent with the accounts you listed in this section so you will not lose any marks. Q1u_ity_(flght Column Lines 4-7) You have completed this part correctly. Right Column Line 8: Total liabilities and equity should be $36,500, but you have not entered this. However, your answer is consistent with the accounts you listed in this section so you will not lose any marks