Retained Earnings Statement Willow Wanderer Cameras Inc repo
Retained Earnings Statement Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1, 20Y8 Net income Cash dividends declared Stock dividends declared Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9 $1,115,500 457,400 138,000 356,000 Willow Wanderer Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9
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WILLOW WANDERER CAMERAS INC Retained Earning Statement For the Year Ended Oct 31, 20Y9 Beginning Balance, Oct 1, 20Y9 1,115,500.00 Net Income 457,400.00 Dividend Declared ($138,000 + $356,000) (494,000.00) Incerase (Decrease) in Retained Earnings (36,600.00) Ending Balance, Oct 31, 20Y9 1,078,900.00