Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3: Retained earnings, January 1, 20Y3 Net income Cash dividends declared Stock dividends declared Prepare a retained earnings statement for the year ended December 31, 20Y3. Sumter Pumps Corporation Retained Earnings $357,100 50,000 9,000 17,000 Statement For the Year Ended December 31, 20Y3
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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 $411,900 Net income 57,700 Cash dividends declared 10,400 Stock dividends declared 19,600 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 - $- Select -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 Net income Cash dividends declared Stock dividends declared $524,800 78,700 14,200 26,800 Prepare a retained earnings statement for the year ended December 31, 20Y3. Sumter Pumps Corporation Retained Earnings Statement For the Year Ended December 31, 20Y3 Line Item Description Amount AmountRetained Earnings Statement Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1, 20Y8 $2,120,000 Net income 720,800 Cash dividends declared 61,000 Stock dividends declared 156,000 Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9. cash/net income/retained earning, oct 31 20y9/retained earnings, nov 1 20y8/accounts receivable/dividends declared/ Willow Wanderer Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9 $ $ $
- 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, 20Y2Retained 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 $Prepare a statement of retained earnings for Tidal Company for the current year ended December 31 using the following data. (Amounts to be deducted should be indicated by a minus sign.) Cash dividends declared and paid in current year Retained earnings at December 31, prior year Net income in current year $ 10,400 64,800 37,800 Tidal Company Statement of Retained Earnings For Current Year Ended December 31
- Retained Earnings Statement Willow Wanderer Cameras Inc. reported the following results for the year ended October 31, 20Y9: Retained earnings, November 1, 20Y8 $2,331,000 Net income 979,000 Cash dividends declared 85,000 Stock dividends declared 219,000 Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9. Willow Wanderer Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9 %24Determining Retained Earnings and Net Income The following information appears in the records of Jones Corporation at year-end: $? 64,800 40,800 Equipment, net 259,200 288,000 Accounts receivable $96,000 Retained earnings Accounts payable 45,600 Supplies Cash Common stock a. Calculate the balance in retained earnings at year-end. b. If the amount of the retained earnings at the beginning of the year was $60,000, and $25,000 in dividends is paid during the year, calculate net income (net loss) for the year.Rockwell Inc. reported the following results for the year ended June 30, 20Y5:Retained earnings, July 1, 20Y4 $3,900,000Net income 714,000Cash dividends declared 100,000Stock dividends declared 50,000Prepare a retained earnings statement for the fiscal year ended June 30, 20Y5.
- 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 10Instructions Labels and Amount Descriptions Retained Earnings Statement Instructions Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2: Retained earnings, February 1, 20Y1 $60,583,000 Net income 7,466,000 Cash dividends declared 1,001,000 Stock dividends declared 2,607,000 Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2. Refer to the lists of Labels and Amount Descrip Retained Earnings Statement subtractive or negative numbers use a minus sign. Enter all amounts as positive numbers. The word "Less" is not required. Sumter Pumps Corporation Retained Earnings Statement (Label) 2 3 4 5 eck My Work 3 more Check My Work uses remaining. Labels and Amount Descriptions Labels For the Year Ended January 31, 20Y2 January 31, 20Y2 Amount Descriptions Decrease in retained earnings Dividends declared Excess of issue price over par Increase in retained earnings Issuance of additional common…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 $625,700 Net income 75,100 Cash dividends declared 13,500 Stock dividends declared 25,500 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
