View Full Version : Finding Retained Earnings
crofire2
Mar 27, 2007, 02:19 PM
If I have the assets, liabilities and capital stock figures, how can I use these figures to find the retained earning figure?
Smith21000
Mar 28, 2007, 01:22 PM
The following link should help you out
Online Accounting Course | Accounting Equation (http://www.accountingcoach.com/online-accounting-course/14Xpg01.html)
CaptainForest
Mar 28, 2007, 02:50 PM
Assets = Liabilities + Owner's Equity
Owner's Equity = Assets – Liabilities
Also, Owner's Equity = Capital Stock + Retained Earnings
So,
Capital Stock + Retained Earnings = Assets – Liabilities
Retained Earnings = Assets – Liabilities – Capital Stock