Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2: Retained earnings, February 1, 20Y1 $386,600 Net income 46,400 Cash dividends declared 8,400 Stock dividends declared 15,800 Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2. Pressure Pumps Corporation Retained Earnings Statement For the Year Ended January 31, 20Y2     $fill in the blank 2   $fill in the blank 4     fill in the blank 6       fill in the blank 8     $fill in the blank 10

Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter12: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 12.7BE: Retained earnings statement Noric Cruises Inc. reported the following results for the year ended...
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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 $386,600
Net income 46,400
Cash dividends declared 8,400
Stock dividends declared 15,800

Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.

Pressure Pumps Corporation
Retained Earnings Statement
For the Year Ended January 31, 20Y2
    $fill in the blank 2
  $fill in the blank 4  
  fill in the blank 6  
    fill in the blank 8
    $fill in the blank 10
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