 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Prepare a retained earning statement
Year end 31st dec 2009,
Annual sales 5,000,000 Gross profit for 2009 1,000,000 Retained earning for 2009 200,000 Retained earning for 2008 100,000 Under reported retained earning of 2008 50,000 Interest paid in 2009 to debenture holders 75,000 Cash paid for 2009 preference shareholders 100,000 Cash dividend paid for 2009 ordinary shares 150,000 Prepare a retained earning statement with this data ? |
||||
Check out some similar questions!
(Retained Earnings Statement) Eddie Zambrano Corporation began operations on January 1, 2004. During its first 3 years of operations, Zambrano reported net income and declared dividends as follows. Net income Dividends declared 2004 $40,000 $ -0- 2005...
Accounts payable: 15,000 Accounts receivable: 11,000 Accumulated depreciation-video equip: 28,000 Advertising expense: 24,000 Cash: 24,000 Common stock: 90,000 Depreciation expense: 18,000 Dividends: 15,000 Note payable (due 2010): 70,000 Prepaid insur: 6,000
I need help with balancing my trial balance, Incoem statement, retained earnings, Balance sheet and check the journal entries.. Trail Balance Accounts Dr. Cr. Cash 29,200 Accounts Receivable 34,200 Merchandise Inventory 45,000 Store supplies 5,500 Store equipments 85,000 ...
The following information was taken from the 2004 financial statement of pharmecutical giant Merck and CO. All dollar amounts are in millions. Retained earnings, January 1, 2004 34,142.0 Materials and production expense 4,959.8 Marketing and administrative expense 7,346.3 Dividends 3,329.1...
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
