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-   -   How do I find out what the retained earnig for my t account (https://www.askmehelpdesk.com/showthread.php?t=677940)

  • Jul 2, 2012, 09:26 AM
    missvalue
    How do I find out what the retained earnig for my t account
    How do you find out what retained earning to go on my t account
  • Jul 2, 2012, 03:33 PM
    paraclete
    Quote:

    Originally Posted by missvalue View Post
    how do you find out what retained earning to go on my t account

    Well you post all the journal entries in the ledger, transfer the revenue and expense balances to the Profit and Loss loss account, transfer this balance to the retained earnings account and Voile!

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