This exercise should be used with Exercise 1-24A. Refer to the data of Ellen Samuel Realty Company

Question:

This exercise should be used with Exercise 1-24A. Refer to the data of Ellen Samuel Realty Company in Exercise 1-24A.
Requirements
1. Prepare the income statement of Ellen Samuel Realty Company for the year ended May 31, 2016.
2. What amount of dividends did Ellen Samuel declare during the year ended May 31, 2016?
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Financial Accounting

ISBN: 978-0134127620

11th edition

Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz

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