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(a2) Prepare a retained earnings statement for Bramble Corp. for the year ended April 30, 2017. (List items that increase retained earnings first.) Bramble Corp.
(a2) Prepare a retained earnings statement for Bramble Corp. for the year ended April 30, 2017. (List items that increase retained earnings first.) Bramble Corp. Retained Earnings Statement Problem 2-3A (Part Level Submission) You are provided with the following information for Bramble Corp., effective as of its April 30, 2017, year- end. Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Income tax expense Income taxes payable Insurance expense Interest expense Inventory Land Mortgage payable Notes payable Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) $ 904 970 670 1,430 1,380 1,130 265 395 2,580 235 205 280 470 1,127 3,260 3,660 221 130 1,600 630 292 5,260 1,290
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