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Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: Line Item Description Amount Net income for June
Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows:
Line Item Description | Amount |
---|---|
Net income for June | $ 113,000 |
Dividends paid in June | 26,000 |
Common stock, June 1, 20Y9 | 190,000 |
Common stock issued in June | 70,000 |
Retained earnings, June 1, 20Y9 | 1,550,000 |
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a. Prepare a statement of stockholders equity for the month ended June 30, 20Y9. If an amount box does not require an entry, leave it blank.
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