Retained earnings statement OBJ. 5 Rockwell Inc. reported the following results for the year ended June 30,

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Retained earnings statement OBJ. 5 Rockwell Inc. reported the following results for the year ended June 30, 2016:

Retained earnings, July 1, 2015 $3,900,000 Net income 714,000 Cash dividends declared 100,000 Stock dividends declared 50,000 Prepare a retained earnings statement for the fiscal year ended June 30, 2016.

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Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

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

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