Selected accounts from the ledger of Balboa Sports for the current fiscal year ended June 30, 2012,
Question:
Selected accounts from the ledger of Balboa Sports for the current fiscal year ended June 30, 2012, are as follows:
Prepare a retained earnings statement for the year.
Transcribed Image Text:
Retained Earnings 42,000 July 1 (2011) 398,500 Dividends 2,500 June 30 June 30 Sept. 30 10,000 30 10,000 Dec. 31 2,500 May 31 2,500 June 30 2,500
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Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
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