Here are the items below to go with the questions: item labels, spreadsheet and final question.

ctions cial information related to Healthy Products Company for the month ended Noverdber 30, 2018, is as follows: Net income for November Cash dividends paid during November Retained earnings, November 1, 2018376,000 $171,000 27,500 1. Prepare a retained earnings statement for the month ended November 30, 2018. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign 2. Why is the retained earnings statement prepared before the November 30, 2018, balance sheet