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Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: Net income for June
Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: Net income for June Dividends paid in June Common stock, June 1, 20Y9 Common stock issued in June Retained earnings, June 1, 20Y9 1,680,000 a. Prepare a statement of stockholders' equity for the month ended June 30, 20Y9 119,000 25,000 200,000 40,000 Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 20Y9 Common Stock Retained Earnings Total b. Why is the statement of stockholders' equity prepared before the June 30, 20Y9, balance sheet? The statement of stockholders' equity is prepared before the June 30, 20Y9, balance sheet because 20Y9, balance sheet. as of June 30, 20Y9, are needed for the June 30
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