Accounting : Q5 - T Accounts , Journal , retained earnings statement , Stock Holders Equity

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sheet_2.docx

I need dates in the Blue Section and Amount next to it .

B. Journalize the entries to record the transactions. No post ref is required in the journal. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 10

JOURNAL

DATE

DESCRIPTION

POST. REF.

DEBIT

CREDIT

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C. Prepare a retained earnings statement

A summary of the changes in the retained earnings in a corporation for a specific period of time, such as a month or a year. for the year ended December 31, 2016. Enter all amounts as positive numbers. The word “Less” is not required. Refer to the list of Amount Descriptions provided for the exact wording of the answer choices for text entries.

Morrow Enterprises

Retained Earnings Statement

For the Year Ended December 31, 2016

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D. Prepare the Stockholders’ Equity section of the December 31, 2016 balance sheet. “Less” or “Deduct” will automatically appear if it is required. Refer to the list of Amount Descriptions provided for the exact wording of the answer choices for text entries.

Question not attempted.

Stockholders’ Equity

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Paid-in capital:

 

 

 

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