Selected accounts from the ledger of Restoration Arts for the fiscal year ended April 30, 20Y5, are

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Selected accounts from the ledger of Restoration Arts for the fiscal year ended April 30, 20Y5, are as follows:

Common Stodk May 1 (20Y4) July 1 10,000 7,500


Retained Earnings 31,200 May 1 (20Y4) 475,500 5,000 July 31 (20Y4) Oct. 31 Jan. 31 Apr. 30 (20Y4) Dividends 1,250 1,250


Prepare a statement of stockholders€™ equity for the year.

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Corporate Financial Accounting

ISBN: 9781337398169

15th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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