Question: Using the multiple step form: 1. prepare an income statement for the year ended June 30, 2020 (include EPS information) 2. prepare a retained earnings
Using the multiple step form:
1. prepare an income statement for the year ended June 30, 2020 (include EPS information)
2. prepare a retained earnings statement for the year ended June 30, 2020
2 The following account balances were included in the trial balance of Castle Corporation The Retained Earnings account had a balance of $468,000 at July 1, 2019. There are 150,000 shares of common stock outstanding. Using the multiple-step form: i. prepare an income statement for the year ended June 30,2020 (include EPS information) ii. prepare a retained earnings statement for the year ended June 30,2020
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