Well Systems Co. offers its services to residents in the Dallas area. Selected accounts from the ledger

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Well Systems Co. offers its services to residents in the Dallas area. Selected accounts from the ledger of Well Systems Co. for the current fiscal year ended October 31, 2014, are as follows:

Prepare a retained earnings statement for theyear.

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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Feb 28, 2014 06:50 AM

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Well Systems Co. offers its services to residents in the Dallas area. Selected accounts from the ledger

Question:

Retained Earnings Dividends 12,000 Oct. 3 48,000 12,000 12,000 12,000 Oct. 3 48,000Nov. 1 (2013) 475,000 Jan. 31 90,000 Apr. 30 July 31 Oct 31 Oct. 31 nco me Summary Oct. 31 270,000 Oct. 31 360,000 31 90,000

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Corporate Financial Accounting

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