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AccountingFinancial & Managerial AccountingRetained earnings statement Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3: Retained earnings January 1,20Y3 $59,650,000 Net income 8,160,000 Cash dividends declared 1,000,000 Stock dividends declared 2,600,000 Prepare a retained earnings statement for the year ended December 31, 20Y3-
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Retained earnings statement Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3: Retained earnings January 1,20Y3 $59,650,000 Net income 8,160,000 Cash dividends declared 1,000,000 Stock dividends declared 2,600,000 Prepare a retained earnings statement for the year ended December 31, 20Y3-

BuyFind

Financial & Managerial Accounting

14th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781337119207
BuyFind

Financial & Managerial Accounting

14th Edition
Carl Warren + 2 others
Publisher: Cengage Learning
ISBN: 9781337119207

Solutions

Chapter
Section
Problem 1DQ
Problem 2DQ
Problem 3DQ
Problem 4DQ
Problem 5DQ
Problem 6DQ
Problem 7DQ
Problem 8DQ
Problem 9DQ
Problem 10DQ
Problem 12.1BE
Problem 12.2BE
Problem 12.3BE
Problem 12.4BE
Problem 12.5BE
Problem 12.6BE
Problem 12.7BE
Problem 12.1EX
Problem 12.2EX
Problem 12.3EX
Problem 12.4EX
Problem 12.5EX
Problem 12.6EX
Problem 12.7EX
Problem 12.8EX
Problem 12.9EX
Problem 12.10EX
Problem 12.11EX
Problem 12.12EX
Problem 12.13EX
Problem 12.14EX
Problem 12.15EX
Problem 12.16EX
Problem 12.17EX
Problem 12.18EX
Problem 12.19EX
Problem 12.20EX
Problem 12.21EX
Problem 12.22EX
Problem 12.1APR
Problem 12.2APR
Problem 12.3APR
Problem 12.4APR
Problem 12.5APR
Problem 12.1BPR
Problem 12.2BPR
Problem 12.3BPR
Problem 12.4BPR
Problem 12.5BPR
Problem 4CPP
Problem 1ADM
Problem 2ADM
Problem 3ADM
Problem 4ADM
Problem 12.1TIF
Problem 12.3TIF
Chapter 12, Problem 12.20EX
Textbook Problem

Retained earnings statement

Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3:

Retained earnings January 1,20Y3 $59,650,000
Net income 8,160,000
Cash dividends declared 1,000,000
Stock dividends declared 2,600,000

Prepare a retained earnings statement for the year ended December 31, 20Y3-

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Chapter 12 Solutions

Financial & Managerial Accounting
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