Prepare a retained earnings statement for 2012

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Reference no: EM13538430

Presented below is information related to Brokaw Corp. for the year 2012.

561_Prepare a retained earnings statement for2012.PNG

Instructions

(a) Prepare a multiple-step income statement for 2012. Assume that 60,000 shares of common stock are outstanding.

(b) Prepare a retained earnings statement for2012.

 

Reference no: EM13538430

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