Zippy Zap Cameras Inc. reported the following results for the year ended October 31, 20Y9: Retained Earnings Statement Retained earnings, November 1, 2018 Net income Cash dividends declared Stock dividends declared $2,450,500 857,700 96,000 247,000 Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9. Zippy Zap Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9 OQ

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Retained Earnings Statement
Zippy Zap Cameras Inc. reported the following results for the year ended October 31, 20Y9:
Retained earnings, November 1, 2018
Net income
Cash dividends declared
Stock dividends declared
$2,450,500
857,700
96,000
247,000
Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.
Zippy Zap Cameras Inc.
Retained Earnings Statement
For the Year Ended October 31, 20Y9
00
Transcribed Image Text:Retained Earnings Statement Zippy Zap Cameras Inc. reported the following results for the year ended October 31, 20Y9: Retained earnings, November 1, 2018 Net income Cash dividends declared Stock dividends declared $2,450,500 857,700 96,000 247,000 Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9. Zippy Zap Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9 00
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