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Bundle: Financial & Managerial Accounting, Loose-leaf Version, 13th + CengageNOWv2, 1 term (6 months) Printed Access Card Corporate Financial ... Access Card for Managerial Accounting, 13th
13th Edition
ISBN: 9781305781429
Author: Carl Warren, James M. Reeve, Jonathan Duchac
Publisher: Cengage Learning
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Chapter 11, Problem 11.17EX
To determine
To prepare: The retained earnings statement for the fiscal year ended January 31, 2016.
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Retained Earnings Statement
Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2:
Retained earnings, February 1, 20Y1
$650,200
Net income
71,500
Cash dividends declared
12,900
Stock dividends declared
24,300
Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.
Pressure Pumps CorporationRetained Earnings StatementFor the Year Ended January 31, 20Y2
$- Select -
$- Select -
- Select -
- Select -
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Retained Earnings Statement
Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2:
Retained earnings, February 1, 20Y1
$650,200
Net income
71,500
Cash dividends declared
12,900
Stock dividends declared
24,300
Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.
Pressure Pumps CorporationRetained Earnings StatementFor the Year Ended January 31, 20Y2
$Retained Earnings, February 1, 20Y1
$Net Income
Dividends Declared
Increase in Retained Earnings
$Retained Earnings, January 31, 20Y2
Retained Earnings Statement
Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2:
Retained earnings, February 1, 20Y1
$416,400
Net income
54,100
Cash dividends declared
9,700
Stock dividends declared
18,400
Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.
earnings statement for the fiscal year ended January 31, 20Y2.
Pressure Pumps Corporation
Retained Earnings Statement
For the Year Ended January 31, 20Y2
Retained Earnings, February 1, 20Y1
$
Net Income
$
Dividends Declared
Increase in Retained Earnings
Retained Earnings, January 31, 20Y2
$
Chapter 11 Solutions
Bundle: Financial & Managerial Accounting, Loose-leaf Version, 13th + CengageNOWv2, 1 term (6 months) Printed Access Card Corporate Financial ... Access Card for Managerial Accounting, 13th
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