Retained earnings statement OBJ. 2 Marcie Davies owns and operates Gemini Advertising Services. On January 1, 2015,
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Retained earnings statement OBJ. 2 Marcie Davies owns and operates Gemini Advertising Services. On January 1, 2015, Retained Earnings had a balance of $618,500. During the year, Marcie invested an additional $40,000 in exchange for common stock, and $15,000 of dividends were paid. For the year ended December 31, 2015, Gemini Advertising Services reported a net income of $92,330. Prepare a retained earnings statement for the year ended December 31, 2015.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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