2. prepare an income statement for year 2 accounting period?

3. prepare a statement of changes in equity for the year 2 accounting period?

4.prepare a year end balance sheet for the year 2 accounting period?

5.prepare a statement of cash flows for the year 2 accounting period.

6.determine the percentage of assets that were provided by retained earnings?

7. based on the December 32st year 2 balance sheet what is the largest cash dividend Dakota could pay?

Halp Save & Ch Required a. The January 1, Year 2, general ledger account balances are shown in the following accounting equation. Record the eight events in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example. (Enter any decreases to account balances with a minus sign. Select "NA" If there is no effect on the "Account Titles for Retained Earnings) DAKOTA COMPANY Accounting Equation for Year 2 ok Liabilities Stockholders' Equity Account Titles lor Retained Earnings Assets NotesStock Common Retained Event Cash Land int 6,000 8.000 2,000 12,000 rences1/T/Year 2 30,000 NA 30,000. 2. 6. 8. 36,000+ 8000 32 000 12.000 Totals