Question
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 | $ 119,000 |
Dividends paid in June | 22,000 |
Common stock, June 1, 20Y9 | 200,000 |
Common stock issued in June | 40,000 |
Retained earnings, June 1, 20Y9 | 1,640,000 |
Question Content Area
a. Prepare a statement of stockholders equity for the month ended June 30, 20Y9.
blank | Common Stock | Retained Earnings | Total |
CashBalances, June 1, 20Y9Balances, June 30, 20Y9Net incomeNet lossNet income | $Net income | $Net income | $Net income |
Fees earnedIssued common stockOffice expenseMiscellaneous expenseWages expense | - Select - | - Select - | - Select - |
CashBalances, June 1, 20Y9Balances, June 30, 20Y9Net incomeNet loss | - Select - | - Select - | - Select - |
DividendsFees earnedOffice expenseMiscellaneous expenseWages expense | - Select - | - Select - | - Select - |
CashBalances, June 1, 20Y9Balances, June 30, 20Y9Net incomeNet loss | $- Select - | $- Select - | $- Select - |
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