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Statement of Retained Earnings Assignment

Author:
February 19th, 2020

Stone Culture Corporation was organized on January 1, 2017. For its first two years of operations, it reported the following: Net Income for 2017 41,000 46,000 15,500 21,000 126,000 243,e00 Net Income for 2018 Dividends for 2017 Dividends for 2018 Total assets at the end of 2017 Total assets at the end of 2018 On the basis of the data given, prepare a statement of retained earnings for both 2017 (its first year of operations) and 2018. 3 The answer is not complete.

Complete this question by entering your answers in the tabs below. 2017 Stmt of 2018 Stmt of RE RE On the basis of the data given prepares a statement of retained earnings for 2017. A of 4 Prev wconnect.mheducation.com/tlow/connect.html blems Help Saved so far. It does not indicate co Check my work mode: This shows what is correct or incorrect for the work you have completed 2017 Stmt of RE 2018 Stmt of RE On the basis of the data given, prepare a statement of retained earnings for 2017. STONE CULTURE CORPORATION Statement of Retained Earnings S 152,000 Retained Earnings, January 1, 2017, S 152.000 Retained Earnings December 31, 2017, 2018.

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