Preparing a Statement of Retained Earnings Stone Culture Corporation was organized on January 1, 2012. For its first two years of operations, it reported the following: 11eb7f6e_0076_d5ca_9b93_5def847b4736_SM1709_00 On the basis of the data given, prepare a statement of retained earnings for 2012 (its first year of operations) and 2013.

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

تمرين 76

Preparing a Statement of Retained Earnings
Stone Culture Corporation was organized on January 1, 2012. For its first two years of operations, it reported the following:

On the basis of the data given, prepare a statement of retained earnings for 2012 (its first year of operations) and 2013.

التوضيح

موثّق

Retained earnings are cumulative profits...