Frontier Leaders Inc. reported the following results for the year ending July 31, 2010: Retained earnings, August
Question:
Retained earnings, August 1, 2009 $875,000
Net income 260,000
Cash dividends declared 20,000
Stock dividends declared 100,000
Prepare a retained earnings statement for the fiscal year ended July 31, 2010.
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Related Book For 
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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