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11. Prepare a statement of stockholders' equity for the month ended July 31, 2016 for Wonder Toys. Wonder's account balances for the month ending July
11. Prepare a statement of stockholders' equity for the month ended July 31, 2016 for Wonder Toys. Wonder's account balances for the month ending July 31, 2016 are Cash Accounts receivable Office supplies Office equipment $20,800 57,000 6,200 58,300 140,000 110,000 6,000 Rent expense Utilities expense Salaries expense Misc. expenses Retained earnings, July 1 Common stock Accounts payable $16,000 1,060 32,000 290 24,300 152,250 51,700 an Sales Cash dividends
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