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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
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 | $369,800 |
Net income | 48,100 |
Cash dividends declared | 8,700 |
Stock dividends declared | 16,400 |
Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.
Retained Earnings, February 1, 20Y1 | N/A | ? |
Net Income | ? | N/A |
Dividends Declared | ? | N/A |
Increase in Retained Earnings | N/A | ? |
Retained Earnings, January 31, 20Y2 | N/A | ? |
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