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The beginning balance for R. Barnum, Capital account on Oct. 1 of the current year...

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Accounting

The beginning balance for R. Barnum, Capital account on Oct. 1 of the current year was $23,000. For October, the Barnum Company reported total revenues of $8,000 and total expenses of $4,250. In addition, R. Barnum withdrew $1,400 for his personal use on October 25.

Prepare a staement of changes in owner's equity for October for the Barnum Company.

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