Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 2099, is as follows:
$ 115,000
Net income for June
Dividends paid in June
Common stock, June 1, 2049
Common stock issued in June
Retained earnings, June 1, 2049
25,000
180,000
50,000
1,630,000
a. Prepare a statement of stockholders' equity for the month ended June 30, 2049.
Organic Products Company
Statement of Stockholders' Equity
For the Month Ended June 30, 2019

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)