Ask Experts Questions for FREE Help !
Ask
    Corpfinance's Avatar
    Corpfinance Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 27, 2011, 07:08 PM
    How do calculate year end equity when opening equity and retained earnings are given?
    Opening equity = 900000 Retained Earnings = 485000 Year End Equity = ?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #2

    Sep 28, 2011, 06:55 AM
    Opening equity + Retained Earnings = year end Equity

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How to calculate total assets, shareholders equity and retained earnings [ 0 Answers ]

A company named Better Baseball Bats Inc (BBB) started its business on 1/1/06. On that day, the company issued common stock for $100,000. Over the next three years, its total liability at the end of each year was the same amount, $35,000. The following is some additional information about BBB over...

Equity at end of year [ 1 Answers ]

Beginning of year company has $241000 in assets, they have $180750 in equity, during year they gain $80000,more in assets, they have $47000 in liabilities what is equity at end of year?

What is the equity at year end? [ 1 Answers ]

Tot asset of 120000, liabilities 75000, owner equity of 45000. Business revenue 110000, paid expense of 36000, owner withdrew 63000. How much is the business equity @ year end


View more questions Search