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Question 4 of 4- Project 4
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The post-closing trial balance of Metlock, Inc at December 31,2022, contains the following stockholders' equity accounts.
\table[[Preferred Stock (14,800 shares issued),$740,000
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uestion 4 of 4
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9. Net income for the year was $548,700
10. On December 31,2022, the directors authorized disclosure of a $201,000 restriction of retained earningss for plant
expansion. (Use Note X)
(a)
Your answer is partially correct.
Reproduce the Retained Earnings account (T-account) for 2022.(List items in order presented in the problem).
(b)
The parts of this question must be completed in order. This part will be available when you complete the part above:
(c)
The parts of this question must be completed in order. This part will be available when you complete the park above.
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