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

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

Glorian Portrait StudiosRetained Earnings StatementFor the Month ended May 31, 2007

Glorian Portrait StudiosRetained Earnings StatementFor the Month ended May 31, 2007

Retained Earnings, Beginning Balance, May 1

Glorian Portrait StudiosRetained Earnings StatementFor the Month ended May 31, 2007

Retained Earnings, Beginning Balance, May 1 $9,000

Glorian Portrait StudiosRetained Earnings StatementFor the Month ended May 31, 2007

Retained Earnings, Beginning Balance, May 1 $9,000

Plus: Net income for the Period

Glorian Portrait StudiosRetained Earnings StatementFor the Month ended May 31, 2007

Retained Earnings, Beginning Balance, May 1 $9,000

Plus: Net income for the Period +9,800

Glorian Portrait StudiosRetained Earnings StatementFor 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 StudiosRetained Earnings StatementFor 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 StudiosRetained Earnings StatementFor 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 StudiosRetained Earnings StatementFor 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