Retained Earnings Statement The revenues and expenses of Paradise Travel Service for the year ended May...

 

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Retained Earnings Statement The revenues and expenses of Paradise Travel Service for the year ended May 31, 2018, are listed below. Fees earned Office expense Miscellaneous expense Wages expense $958,740 220,510 Paradise Travel Service Retained Earnings Statement For the Year Ended May 31, 2018 19,175 460,195 Prepare a retained earnings statement for the year ended May 31, 2018. Everett McCauley invested an additional $40,000 in the business in exchange for common stock, and $36,400 of dividends were paid during the year. Retained earnings as of June 1, 2017, were $259,000. Retained Earnings Statement The revenues and expenses of Paradise Travel Service for the year ended May 31, 2018, are listed below. Fees earned Office expense Miscellaneous expense Wages expense $958,740 220,510 Paradise Travel Service Retained Earnings Statement For the Year Ended May 31, 2018 19,175 460,195 Prepare a retained earnings statement for the year ended May 31, 2018. Everett McCauley invested an additional $40,000 in the business in exchange for common stock, and $36,400 of dividends were paid during the year. Retained earnings as of June 1, 2017, were $259,000.

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