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

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Presentation transcript:

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

Retained Earnings, Beginning Balance, May 1

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

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

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

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

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

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

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