Question: Financial information related to Coil Company for the month ended

Financial information related to Coil Company for the month ended June 30, 20Y7, is as follows:
Net income for June ......... $230,000
Dividends during June ........ 45,000
Retained earnings, June 1, 20Y7 .... 615,000
Prepare a retained earnings statement for the month ended June 30, 20Y7.


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  • CreatedMarch 11, 2014
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