On March 1,2014,Cook's Catering Company Capital Stock balance was $30,000 and the balance of Retained Earnings was $120,000.During March,dividends of $31,000 were declared and paid by the business.Assets,liabilities,revenues,and expenses at March 31,2014,were as follows:

Present,in good form, (a)an income statement for March, (b)a retained earnings statement for March,and (c)a balance sheet as of March 31.

Question

On March 1,2014,Cook's Catering Company Capital Stock balance was $30,000 and the balance of Retained Earnings was $120,000.During March,dividends of $31,000 were declared and paid by the business.Assets,liabilities,revenues,and expenses at March 31,2014,were as follows:
  
Present,in good form, (a)an income statement for March, (b)a retained earnings statement for March,and (c)a balance sheet as of March 31.

Quizplus · Accepted Answer

The Answer of On March 1,2014,Cook's Catering Company Capital Stock balance was $30,000 and the balance of Retained Earnings was $120,000.During March,dividends of $31,000 were declared and paid by the business.Assets,liabilities,revenues,and expenses at March 31,2014,were as follows:
  
Present,in good form, (a)an income statement for March, (b)a retained earnings statement for March,and (c)a balance sheet as of March 31.

On March 1,2014,Cook's Catering Company Capital Stock Balance Was $30,000