Started At: Jan 26, 2020 9:20 PM ast Worked: Jan 26, 2020 9:56 PM Submitted At: Jan 26, 2020 9:56 PM Submitted By: Student view Preview In Window Large Preview 1.00 Statement of stockholders' equity 0.82 0.70 ca 1.00 N The revenues and expenses of Paradise Travel Service for the year ended May 31, 2016, follow Fees earned samed $900,000 Office expense 300,000 Miscellaneous expense 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, 2016. Paradise Travel Service Statement of Stockholders' Equity For the Year Ended May 31, 2016 Common Stock Retained Earnings Total Balances, June 1, 2015 000 X $ 300.000 X Issued common stock Dividends Balances, May 31, 2016 V 100.000 Previous Next > a Check My Works Started At: Jan 26, 2020 9:20 PM ast Worked: Jan 26, 2020 9:56 PM Submitted At: Jan 26, 2020 9:56 PM Submitted By: Student view Preview In Window Large Preview 1.00 Statement of stockholders' equity 0.82 0.70 ca 1.00 N The revenues and expenses of Paradise Travel Service for the year ended May 31, 2016, follow Fees earned samed $900,000 Office expense 300,000 Miscellaneous expense 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, 2016. Paradise Travel Service Statement of Stockholders' Equity For the Year Ended May 31, 2016 Common Stock Retained Earnings Total Balances, June 1, 2015 000 X $ 300.000 X Issued common stock Dividends Balances, May 31, 2016 V 100.000 Previous Next > a Check My Works