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The Records of Roadmaster Auto Rentals, Inc

Question 246

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The records of Roadmaster Auto Rentals, Inc. show the following information as of December 31. The owner, Rob Fletcher, the sole stockholder, received a dividend of $52,000 during the year. Prepare a December income statement, a December statement of retained earnings, and a December 30 balance sheet. The records of Roadmaster Auto Rentals, Inc. show the following information as of December 31. The owner, Rob Fletcher, the sole stockholder, received a dividend of $52,000 during the year. Prepare a December income statement, a December statement of retained earnings, and a December 30 balance sheet.

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