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View Full Version : How do I calculate closing retained earnings?


DT056
Aug 4, 2010, 06:02 AM
The only information provided is Net Income and Dividend. Based on the formula Closing RE = Opening RE + Net Income - Dividend

pready
Aug 24, 2010, 01:04 PM
Closing Retained Earnings = Beginning Retained Earnings + Net Income - Dividends.