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Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007.

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Presentation on theme: "Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007."— Presentation transcript:

1 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007

2 Retained Earnings, Beginning Balance, May 1

3 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007 Retained Earnings, Beginning Balance, May 1$9,000

4 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007 Retained Earnings, Beginning Balance, May 1$9,000 Plus: Net income for the Period

5 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007 Retained Earnings, Beginning Balance, May 1$9,000 Plus: Net income for the Period+9,800

6 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007 Retained Earnings, Beginning Balance, May 1$9,000 Plus: Net income for the Period+9,800 Less: Dividends Declared

7 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007 Retained Earnings, Beginning Balance, May 1$9,000 Plus: Net income for the Period+9,800 Less: Dividends Declared- 0

8 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007 Retained Earnings, Beginning Balance, May 1$9,000 Plus: Net income for the Period+9,800 Less: Dividends Declared- 0 Retained Earnings, Ending Balance, May 31

9 Glorian Portrait Studios Retained Earnings Statement For the Month ended May 31, 2007 Retained Earnings, Beginning Balance, May 1$9,000 Plus: Net income for the Period+9,800 Less: Dividends Declared- 0 Retained Earnings, Ending Balance, May 31 $18,800

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