(Learning Objective 5: Preparing a statement of retained earnings) Use the data in P11-48A to…

 
   

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(Learning Objective 5: Preparing a statement of retained earnings) Use the data in P11-48A to prepare the Ryder Cosmetics statement of retained earnings for the year ended December 31, 2014. Use the Statement of Retained Earnings for Maxim, Inc., in the End-ofChapter Summary Problem on pages 637–638 as a model.