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View Full Version : How can I calculate reatined earnings


lalachando
Mar 10, 2009, 10:08 AM
How can I calculate the retained earnings from Trial Balance ?:confused:

pready
Mar 10, 2009, 01:04 PM
From an adjusted trial balance you can get your income statement accounts, and retained earnings is your net income.

If you are using a worksheet the Income statement columns your difference between your debits and credits is known as retained earnings.