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smdavis1029
Jan 14, 2010, 10:16 AM
Computation of Ending Retained Earnings (NOTE: all items listed should be used)
Capital stock $30,000 Long-term loan payable $47,000
Dividends $4500 Retained earning (beginning) $15,000
Inventory $150,000 Cash $20,000
Net income (loss) $1,000 Machinery $60,000

morgaine300
Jan 14, 2010, 06:15 PM
Please do not double-post as it is confusing for people. This was answered on your other post:
https://www.askmehelpdesk.com/accounting/accountanct-help-435239.html