Selected accounts from the ledger of Bobcat Sports for the current fiscal year ended August 31, 2006,
Question:
Prepare a retained earnings statement for theyear.
Transcribed Image Text:
RETAINED EARNINGS 16,000 Bal., Sept. 1, 2005 Aug. 31 31 210,300 175,250 144,650 224.900 Aug. 31 Bal, Aug. 31, 2006 DIVIDENDS Nov. 30 Feb. 28 May 31 Aug. 31 4,000 Aug. 31 4,000 4,000 4,000 16,000
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Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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