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Saved Comparative statements of retained earnings for Renn Dever Corporation were reported in its 2018 annual report as follows RENI-DEVER CORPORAT ION For the Years
Saved Comparative statements of retained earnings for Renn Dever Corporation were reported in its 2018 annual report as follows RENI-DEVER CORPORAT ION For the Years Ended December 31, Statements of Retained Earning 2018 2016 2017 5 715,852 5,884,552 Balance at beginnng of year Net income (loss) Deductions: 7.035,952 468,788 2,360,989 (169,580) Stock dividend (36,e00 shares) Common shares retired (126,000 shares) Comnan stock cash dividends 252,883 252,880 785,000 929.950 Balance at end of year s 9,322,702 7,035,952 s 5,715,852 At December 31, 2015, common shares consisted of the folfownig Conmon stock 1,880.000 shares at $1 par Pald-in copital-excess of pan 5, 648,0e Required 2018 Prepare the ournal entries that renect those events and transactions uf no entry it required for a transaction/event, sele journal entry required in the first account field.) s the events and transactions that affected Renn-Dever Corporotion's istained earnings during 2016, 2017, a rch
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