The records of Skymaster Airplane Rentals show the following information as of December 31, 2014:
Dividends of $52,000 were paid during 2014.
Using the above information, prepare an income statement for 2014.

Question

The records of Skymaster Airplane Rentals show the following information as of December 31, 2014:
  Dividends of $52,000 were paid during 2014.
Using the above information, prepare an income statement for 2014.

Quizplus · Accepted Answer

The Answer of The records of Skymaster Airplane Rentals show the following information as of December 31, 2014:
  Dividends of $52,000 were paid during 2014.
Using the above information, prepare an income statement for 2014.

The Records of Skymaster Airplane Rentals Show the Following Information