Retained Earnings Statement Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1, 20Y8 $2,120,000 Net income 720,800 Cash dividends declared 61,000 Stock dividends declared 156,000 Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9. cash/net income/retained earning, oct 31 20y9/retained earnings, nov 1 20y8/accounts receivable/dividends declared/ Willow Wanderer Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9 $ $ $
Retained Earnings Statement Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1, 20Y8 $2,120,000 Net income 720,800 Cash dividends declared 61,000 Stock dividends declared 156,000 Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9. cash/net income/retained earning, oct 31 20y9/retained earnings, nov 1 20y8/accounts receivable/dividends declared/ Willow Wanderer Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9 $ $ $
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 20E
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Question
Retained Earnings Statement
Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9:
| Retained earnings, November 1, 20Y8 | $2,120,000 |
| Net income | 720,800 |
| Cash dividends declared | 61,000 |
| Stock dividends declared | 156,000 |
Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.
cash/net income/retained earning, oct 31 20y9/retained earnings, nov 1 20y8/accounts receivable/dividends declared/
| Willow Wanderer Cameras Inc. | ||
| Retained Earnings Statement | ||
| For the Year Ended October 31, 20Y9 | ||
| $ | ||
| $ | ||
| $ |
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