Financial information related to All Seasons Company for the month ended June 30, 20Y7, is as follows:

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Financial information related to All Seasons Company for the month ended June 30, 20Y7, is as follows:

Common stock, June 1, 20Y7

Stock issued in June 

$ 30,000

   20,000

Net income for June 

   87,500

Dividends during June 

   15,000

Retained earnings, June 1, 20Y7 

145,000


Prepare a statement of stockholders’ equity for the month ended June 30, 20Y7.

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Survey Of Accounting

ISBN: 9780357132593

9th Edition

Authors: Carl S. Warren, Amanda Farmer

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