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Title Notes: Fill in the cells with yellow highlight Refer to Exhibit 1.4 for the format ( Textbook page 12) Statement of Retained Earnings, beginning
Title Notes: Fill in the cells with yellow highlight Refer to Exhibit 1.4 for the format ( Textbook page 12) Statement of Retained Earnings, beginning Cell B6 -use the amount provided in the unadjusted tria balance Add: Net Income $ 31,120.00 Less: Dividends Retained Earnings, end
Title | Notes: | ||||||||
Fill in the cells with yellow highlight | |||||||||
Refer to Exhibit 1.4 for the format ( Textbook page 12) | |||||||||
Statement of Retained Earnings, beginning | Cell B6 -use the amount provided in the unadjusted tria balance | ||||||||
Add: Net Income | $ 31,120.00 | ||||||||
Less: Dividends | |||||||||
Retained Earnings, end | |||||||||
This assignment is based onExercise M3-21, textbook page 131(you workedon this exercise in Week 5!).
You are required to prepare the following:
1) a statement of retained earnings and
2) a balance sheet
Prepare the statements using the Excel template attached.
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