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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