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Retained Earnings Statement

Posted by Professor Cram in Financial Statements

Statement of Retained Earnings: Bogus Manufacturing, Inc. example

Learn about the structure and contents of a statement of retained earnings by examining one for the fictitious company Bogus Manufacturing, Inc.

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How to Use the Retained Earnings Statement

Roll your mouse over the retained earnings statement to learn about the different terms and sections.
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Chapter: Financial Statements
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Comments

4 Responses to “Retained Earnings Statement”

  1. numair says:
    May 27, 2010 at 1:01 pm

    all is well

  2. anonymous says:
    July 19, 2010 at 7:00 pm

    Makes sense

  3. Bruce says:
    October 20, 2010 at 4:02 pm

    I think it might be prudent to change our name from Bogus Manufacturing to something that would inspire a bit more trust. Perhaps Shady Manuracturing instead?

  4. Abie says:
    December 21, 2010 at 11:08 pm

    how bout prior period adjustments and offsetting payables that are already condoned? should they be closed to retained earnings too?

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