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Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: Net income for June $ 119,000 Dividends paid in June 27,000 Common stock, June 1, 20Y9 190,000 60,000 1,550,000 Common stock issued in June Retained earnings, June 1, 2019 a. Prepare a statement of stockholders' equity for the month ended June 30, 2019. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 20Y9 Balances, June 1, 2019 Issued common stock Net income Dividends Balances, June 30, 20Y9 Common Stock Retained Earnings $ 190,000 ✓ 5,000 X 00000€ Total

Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: Net income for June $ 119,000 Dividends paid in June 27,000 Common stock, June 1, 20Y9 190,000 60,000 1,550,000 Common stock issued in June Retained earnings, June 1, 2019 a. Prepare a statement of stockholders' equity for the month ended June 30, 2019. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 20Y9 Balances, June 1, 2019 Issued common stock Net income Dividends Balances, June 30, 20Y9 Common Stock Retained Earnings $ 190,000 ✓ 5,000 X 00000€ Total

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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V Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: $ 119,000 27,000 190,000 60,000 1,550,000 Net income for June Dividends paid in June Common stock, June 1, 20Y9 Common stock issued in June Retained earnings, June 1, 2019 a. Prepare a statement of stockholders' equity for the month ended June 30, 2019. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 2009 Balances, June 1, 20Y9 Issued common stock Net income Dividends Balances, June 30, 20Y9 Common Stock Retained Earnings 190,000 ✓ 5,000 X 0 Total 100000
Transcribed Image Text:V Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows: $ 119,000 27,000 190,000 60,000 1,550,000 Net income for June Dividends paid in June Common stock, June 1, 20Y9 Common stock issued in June Retained earnings, June 1, 2019 a. Prepare a statement of stockholders' equity for the month ended June 30, 2019. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 2009 Balances, June 1, 20Y9 Issued common stock Net income Dividends Balances, June 30, 20Y9 Common Stock Retained Earnings 190,000 ✓ 5,000 X 0 Total 100000
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