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-   -   How do I calculate closing retained earnings? (https://www.askmehelpdesk.com/showthread.php?t=494765)

  • Aug 4, 2010, 06:02 AM
    DT056
    How do I calculate closing retained earnings?
    The only information provided is Net Income and Dividend. Based on the formula Closing RE = Opening RE + Net Income - Dividend
  • Aug 24, 2010, 01:04 PM
    pready

    Closing Retained Earnings = Beginning Retained Earnings + Net Income - Dividends.

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