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Retained Earnings Statement Financial information related to Healthy Products Company for the month ended November 30, 2018, is as follows Net income for November Cash

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Retained Earnings Statement Financial information related to Healthy Products Company for the month ended November 30, 2018, is as follows Net income for November Cash dividends paid during November Retained earnings, November 1, 2018 a. Prepare a retained earnings statement for the month ended November 30, 2018. If a net loss l incurred or dividends were paid, enter that amount as a negative number using a minus sign 81.610 8,980 622,700 Healthy Products Company Retained Earnings tatement b. Why is the retained earnings statement pepared before the November 30, 2018, balance sheet 1. To arrive at the number of shares outstanding. 2. To caloulate the net income for the year 3. To calculate the ending retained earnings balance to be included on the balance sheet 4. To calculate the total assets Retained Earnings Statement Financial information related to Healthy Products Company for the month ended November 30, 2018, is as follows Net income for November Cash dividends paid during November Retained earnings, November 1, 2018 a. Prepare a retained earnings statement for the month ended November 30, 2018. If a net loss l incurred or dividends were paid, enter that amount as a negative number using a minus sign 81.610 8,980 622,700 Healthy Products Company Retained Earnings tatement b. Why is the retained earnings statement pepared before the November 30, 2018, balance sheet 1. To arrive at the number of shares outstanding. 2. To caloulate the net income for the year 3. To calculate the ending retained earnings balance to be included on the balance sheet 4. To calculate the total assets

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