Essay
Tentco reported the following amounts in various statements included in its 2014 annual report. All amounts are stated in millions of dollars.
1 Prepare a Statement of retained earnings for the year ended December 31, 2014.
2 Assume that Tentco presents a statement of stockholders' equity rather than a statement of retained earnings in its annual report. Explain how the information differs between the two statements.
Correct Answer:

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Tentco
Statement of Retained Earnings
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Correct Answer:
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Tentco
Statement of Retained Earnings
...
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