Retained Earning Statements

Chitowndym · #1 Jan 8, 2008, 12:27 PM

Give me a sample retained earning statement

Clough · Jan 9, 2008, 11:17 PM

You will find some if you click on the following search.

Retained Earning Statement Example - Google Search

jcotton08 · Jan 11, 2008, 07:38 PM

During 2006, Edgemont Corporation had revenues of $230,000 and expenses, including income taxes, of $190,000. On December 31, 2005, Edgemont had assets of $350,000, liabilities of $80,000, and capital stock of $210,000. Edgemont paid a cash dividend of $25,000 in 2006. No additional stock was issued. Compute the retained earnings on December 31, 2005, and 2006.

jcotton08 · Jan 11, 2008, 07:39 PM

Quote:

Originally Posted by Chitowndym

Give me a sample retained earning statement

During 2006, Edgemont Corporation had revenues of $230,000 and expenses, including income taxes, of $190,000. On December 31, 2005, Edgemont had assets of $350,000, liabilities of $80,000, and capital stock of $210,000. Edgemont paid a cash dividend of $25,000 in 2006. No additional stock was issued. Compute the retained earnings on December 31, 2005, and 2006.

maxutsa52 · Jan 16, 2008, 06:44 PM

Beginning R/E
+ Net Income
- Divindends Paid
=Ending R/E



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