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Please help, thank you! Colums on left- Drop down options: Begining retained earnings, begining stockholder's equity, dividens, net income, and other comprehensive income. Colums on
Please help, thank you!
Colums on left- Drop down options: Begining retained earnings, begining stockholder's equity, dividens, net income, and other comprehensive income.
Colums on right need a number answer:
Normelax Company had retained earnings of $98,000 and total stockholders equity of $120,000 at the beginning of 20x1. During 20X1 the company had net income of $18,000, declared and paid cash dividends of $10,000, and had other comprehensive income of $7,000. Normelax Company neither issued nor bought back shares in 20X1 1. Compute the retained earnings and total stockholders equity at the end of 20X1 Select the labels and then enter the amounts to calculate each of the ending balances Begin by computing retained earnings at the end of 20X1. (Leave any unused cells blank. Use a minus sign or parentheses for numbers to be subtracted.) Ending retained earnings Now compute the stockholders' equity at the end of 20X1. (Use a minus sign or parentheses for numbers to be subtracted.) Ending stockholders equity
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