Use the following data to prepare a statement of retained earnings for Barney Corporation.   Total retained earnings originally reported at January 1 $400,000 Cash dividends declared during the year 80,000 Net income for the year 193,000 Stock dividend declared during the year 40,000   Note: Do not use negative signs with any of your answers.  BARNEY CORPORATION Statement of Retained Earnings For the Year Ended December 31

Financial Accounting: The Impact on Decision Makers
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Chapter2: Financial Statements And The Annual Report
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Problem 2.9E: Statement of Retained Earnings Landon Corporation was organized on January 2, 2014, with the...
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Statement of Retained Earnings

Use the following data to prepare a statement of retained earnings for Barney Corporation.

 

Total retained earnings originally reported at January 1 $400,000
Cash dividends declared during the year 80,000
Net income for the year 193,000
Stock dividend declared during the year 40,000

 

Note: Do not use negative signs with any of your answers. 

BARNEY CORPORATION
Statement of Retained Earnings
For the Year Ended December 31
  Answer   Answer
 
  Answer   Answer
 
  Answer Answer
 
 
  Stock Dividends Declared Answer
 
Answer
 
  Answer   Answer
 
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