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Question: ex 118 retained earnings statement financial information related to healthy...

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EX 1-18 Retained earnings statement Financial information related to Healthy Products Company for the month ended November 30, 2018, is as follows: Obj. 5 SHOW ME HOW EXCEL TEMPLATE Net income for November Cash dividends paid during November Retained earnings, November 1, 2018 $ 93,500 7,000 2,940,000 A. Prepare a retained earnings statement for the month ended November 30, 2018. B.Why is the retained earnings statement prepared before the November 30, 2018, balance sheet?
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