Question
Honey Mill Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1, 20Y8 $1,937,000 Net income. $716,700 Cash
Honey Mill Cameras Inc. reported the following results for the year ending October 31, 20Y9:
Retained earnings, November 1, 20Y8 $1,937,000
Net income. $716,700
Cash dividends declared $62,000
Stock dividends declared. $160,000
Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
8th edition
978-1118953907, 9781118953808, 1118953908, 1118953800, 978-1119491057
