Sesimic Inc. reported the following results for the year ended June 30, 20Y5: Retained earnings, July 1,
Question:
Sesimic Inc. reported the following results for the year ended June 30, 20Y5:
Retained earnings, July 1, 20Y4 .... $1,700,000
Net income .......................................... 311,000
Cash dividends declared ...................... 44,000
Stock dividends declared ..................... 22,000
Prepare a retained earnings statement for the fiscal year ended June 30, 20Y5.
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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