Rockwell Inc. reported the following results for the year ended June 30, 20Y5: Retained earnings, July 1,
Question:
Retained earnings, July 1, 20Y4 ........................ $3,900,000
Net income .................................................... 714,000
Cash dividends declared .................................... 100,000
Stock dividends declared .................................... 50,000
Prepare a retained earnings statement for the fiscal year ended June 30, 20Y5?
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Related Book For
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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