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HELP PLEASE! Wildhorse A.. reported retained earnings at December 31,2019 , of $395,000. Wildhorse had 210,000 shares outstanding at the beginning of 2020 . The
HELP PLEASE! Wildhorse A.. reported retained earnings at December 31,2019 , of $395,000. Wildhorse had 210,000 shares outstanding at the beginning of 2020 . The following transactions occurred during 2020. 1. A cash dividend of 0.50 per share was declared and paid. 2. A 5% share dividend was declared and distributed when the market price per share was 614 per share. 3. Net income was t288,000. Prepare a retained earnings statement for 2020. Drenare a retained asminac efatemant far 3n on
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