Fill in the amounts for the Norfolk Southern statement of changes in retained earnings.

Q: Prepare the revised retained earnings statement for 2017 and 2018, assuming comparative statements.

A: Net income201742000 - 910032,900201855,000+9100+51064,610Depreciation over chargedCost$51,000Less:-…

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Q: S? 40000 ity ? ? during the year 1090 17 Company declared and paic ds. But did not declared divid

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Q: Retained earnings $ tA

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Q: . Fill in the amounts for the Norfolk Southern statement of changes in retained earnings. Note: Use…

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Q: answer must be in table format or i will give down vote

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A:

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.