synchronica corp reported the following equity account balances on december 31 2013 4374702

Synchronica Corp. reported the following equity account balances on December 31, 2013:Common shares, unlimited shares authorized, 100,000 shares issued and outstanding……………………………………………….. $ 960,000Retained earnings………………………………………………………………………………… 1,296,000The company completed these transactions during 2014:Required1. Prepare General Journal entries to record the transactions and closings for 2014.2. Prepare the equity section of the company’s balance sheet as of December 31,2014.
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Synchronica Corp reported the following equity account balances on December

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