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Honey Mill Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1, 20Y8 $2,314,500 Net income 624,900 Cash
Honey Mill Cameras Inc. reported the following results for the year ending October 31, 20Y9:
| Retained earnings, November 1, 20Y8 | $2,314,500 |
| Net income | 624,900 |
| Cash dividends declared | 189,000 |
| Stock dividends declared | 486,000 |
Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.
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The ASQ Auditing Handbook
Authors: J. P. Russell,
4th Edition
0873898478, 978-0873898478
