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The statement of retained earnings of Gary Larson Publishers is presented below. $215 88 GARY LARSON PUBLISHERS Statement ofView transaction list Journal entry worksheet < 1 2 3 4 5 Record the payment of the cash dividend. Note: Enter debits beforeJournal entry worksheet < 1 2 3 4 5 Record the issuance of the stock dividend. Note: Enter debits before credits. Event GenerJournal entry worksheet < 1 2 3 4 Record the sale of treasury shares. Note: Enter debits before credits. Event General Journa

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A В С 1 1 2 Income summary 215 Retained earnings 215 3 Net income closed to retained earnings 4 5 6 2 7 Retained earnings 2417 4 18 Retained earnings 9 Short-term investments 9 19 20 Property dividend 21 22 5 23 Cash 40 24 Retained earnings 12 Treas

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