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Simple work, need this done asap. Thanks in advance. Statement of stockholders' equity The revenues and expenses of Paradise Travel Service for the year ended
Simple work, need this done asap. Thanks in advance.
Statement of stockholders' equity The revenues and expenses of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees earned $900,000 Office expense Miscellaneous expense 300,000 15,000 Wages expense 450,000 Everett McCauley invested an additional $40,000 in the business in exchange for common stock, and $10,000 of dividends were paid during the year. Common stock had a balance of $60,000 and retained earnings had a balance of $300,000 as of June 1, 2015. Prepare a statement of stockholders' equity for the year ended May 31, 20Y6. Paradise Travel Service Statement of Stockholders' Equity For the Year Ended May 31, 2046 Common Stock Retained Earnings Balances, June 1, 2015 Total Fees earned Net income Dividends Balances, May 31, 2016
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