Reqúired: 1. Prepare the journal entries to record the transactions. 2. Prepare the statement of retained earnings for the year ended June 30, 2018 3. Prepare the shareholders' equity section of the statement of financial position as at June 30, 2018.

Reqúired: 1. Prepare the journal entries to record the transactions. 2. Prepare the statement of retained earnings for the year ended June 30, 2018 3. Prepare the shareholders' equity section of the statement of financial position as at June 30, 2018.

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter4: Completing The Accounting Cycle

Section: Chapter Questions

Problem 9E: Selected accounts from the ledger of Restoration Arts for the fiscal year ended April 30, 2019, are...

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Hi. Kindly help me answer the requirements please.

Reqúired:
1. Prepare the journal entries to record the transactions.
2. Prepare the statement of retained earnings for the year ended June 30, 2018
3. Prepare the shareholders' equity section of the statement of financial position as at
June 30, 2018.

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