Exercise 11-17 (Algo) Preparing a statement of retained earnings LO C3 Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data (Amounts to be deducted should be indicated by a minus sign.) Cash dividends declared and paid in current year Retained earnings at December 31, prior year Net income in current year Tidal Company Statement of Retained Earnings For Current Year Ended December 31 $ < Prev 0 12 of 16 $ 8,200 60,400 33,400 #

Survey of Accounting (Accounting I)
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ISBN:9781305961883
Author:Carl Warren
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Chapter1: The Role Of Accounting In Business
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Problem 1.3.2P: Income statement, retained earnings statement, and balance sheet The following financial data were...
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Exercise 11-17 (Algo) Preparing a statement of retained earnings LO C3
Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data
(Amounts to be deducted should be indicated by a minus sign.)
Cash dividends declared and paid in current year
Retained earnings at December 31, prior year
Net income in current year
Tidal Company
Statement of Retained Earnings
For Current Year Ended December 31
$
< Prev
0
12 of 16
$ 8,200
60,400
33,400
#
Transcribed Image Text:Exercise 11-17 (Algo) Preparing a statement of retained earnings LO C3 Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data (Amounts to be deducted should be indicated by a minus sign.) Cash dividends declared and paid in current year Retained earnings at December 31, prior year Net income in current year Tidal Company Statement of Retained Earnings For Current Year Ended December 31 $ < Prev 0 12 of 16 $ 8,200 60,400 33,400 #
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