Data for Kennedy Realty are as follows:
Dividends of $30,000 were paid during the year.There were no stockholder investments.Using the above data,prepare Kennedy Realty's Statement of Retained Earnings for the year ended December 31.

Question

Data for Kennedy Realty are as follows:
  Dividends of $30,000 were paid during the year.There were no stockholder investments.Using the above data,prepare Kennedy Realty's Statement of Retained Earnings for the year ended December 31.

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The Answer of Data for Kennedy Realty are as follows:
  Dividends of $30,000 were paid during the year.There were no stockholder investments.Using the above data,prepare Kennedy Realty's Statement of Retained Earnings for the year ended December 31.

Data for Kennedy Realty Are as Follows