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-   -   Finding Retained Earnings (https://www.askmehelpdesk.com/showthread.php?t=76511)

  • Mar 27, 2007, 02:19 PM
    crofire2
    Finding Retained Earnings
    If I have the assets, liabilities and capital stock figures, how can I use these figures to find the retained earning figure?
  • Mar 28, 2007, 01:22 PM
    Smith21000
    The following link should help you out

    Online Accounting Course | Accounting Equation
  • Mar 28, 2007, 02:50 PM
    CaptainForest
    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

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