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Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 2099, is as follows: Net income for June
Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 2099, is as follows: Net income for June Dividends paid in June Common stock, June 1, 2019 Common stock issued in June Retained earnings, June 1, 2019 $ 115,000 25,000 180,000 50,000 1,630,000 a. Prepare a statement of stockholders' equity for the month ended June 30, 2049. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 2019 Common Stock Retained Earnings Total b. Why is the statement of stockholders' equity prepared before the June 30, 2019, balance sheet? The statement of stockholders' equity is prepared before the June 30, 2019, balance sheet because as of June 30, 2019, are needed for the June 30, 2019, Previous Next Income Statement Imaging Services was organized on March 1, 20YS. A summary of the revenue and expense transactions for March follows: Fees earned $482,000 Wages expense 300,000 Rent expense 41,500 Supplies expense 3,600 Miscellaneous expense 1.900 Prepare an income statement for the month ended March 31 Imaging Services Income Statement For the Month Ended March 31, 2015 Expenses
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