1 / 9

Example Exercise 1-5

Example Exercise 1-5. Retained Earnings Statement. Example Exercise 1-5. Retained Earnings Statement. 5. Example Exercise 1-5. CHICKADEE TRAVEL SERVICE Retained Earnings Statement For the Year Ended April 30, 2012. 5. Example Exercise 1-5. CHICKADEE TRAVEL SERVICE

ralbertson
Download Presentation

Example Exercise 1-5

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Example Exercise 1-5 Retained Earnings Statement

  2. Example Exercise 1-5 Retained Earnings Statement

  3. 5 Example Exercise 1-5 CHICKADEE TRAVEL SERVICE Retained Earnings Statement For the Year Ended April 30, 2012

  4. 5 Example Exercise 1-5 CHICKADEE TRAVEL SERVICE Retained Earnings Statement For the Year Ended April 30, 2012 Retained earnings, May 1, 2011 $30,000

  5. 5 Example Exercise 1-5 CHICKADEE TRAVEL SERVICE Retained Earnings Statement For the Year Ended April 30, 2012 Retained earnings, May 1, 2011 $30,000 Retained earnings, May 1, 2011 $30,000 Net income for the year $55,550

  6. 5 Example Exercise 1-5 CHICKADEE TRAVEL SERVICE Retained Earnings Statement For the Year Ended April 30, 2012 Retained earnings, May 1, 2011 $30,000 Net income for the year $55,550 Less dividends 30,000

  7. 5 Example Exercise 1-5 CHICKADEE TRAVEL SERVICE Retained Earnings Statement For the Year Ended April 30, 2012 Retained earnings, May 1, 2011 $30,000 Net income for the year $55,550 Less dividends 30,000 Increase in retained earnings 25,550

  8. Example Exercise 1-5 CHICKADEE TRAVEL SERVICE Retained Earnings Statement For the Year Ended April 30, 2012 Retained earnings, May 1, 2011 $30,000 Net income for the year $55,550 Less dividends 30,000 Increase in retained earnings 25,550 Retained earnings, April 30, 2012 $55,550

  9. Example Exercise 1-5  For Practice: PE 1-5A, PE 1-5B

More Related