PDA

View Full Version : Calculate retained earnings


segrob
Aug 26, 2010, 12:02 AM
My total assets are $2,947,878.00 and liabilities are $1,689,206.00, common stock 150,000.00, treasury stock -124,800.00, dividends -150,000.00. What would be my retained earnings? Balance sheet is showing $38,474.05

morgaine300
Aug 26, 2010, 09:18 PM
Assets = Liabilities + Equity

Plug in and find the missing number.