Firefly inc reported the following results for the year


Question - Firefly, Inc. reported the following results for the year ending July 31:

Retained earnings, August 1 $875,000

Net income 450,000

Cash dividends declared 140,000

Stock dividends declared 60,000

Prepare a retained earnings statement for the fiscal year ended July 31.

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Accounting Basics: Firefly inc reported the following results for the year
Reference No:- TGS02387699

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