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    smdavis1029's Avatar
    smdavis1029 Posts: 2, Reputation: 1
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    #1

    Jan 14, 2010, 10:16 AM
    Need accountanct help
    Computation of Ending Retained Earnings (NOTE: all items listed should be used)
    Capital stock $30,000 Long-term loan payable $47,000
    Dividends $4500 Retained earning (beginning) $15,000
    Inventory $150,000 Cash $20,000
    Net income (loss) $1,000 Machinery $60,000
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Jan 14, 2010, 06:15 PM

    Please do not double-post as it is confusing for people. This was answered on your other post:
    https://www.askmehelpdesk.com/accoun...lp-435239.html
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Need accountanct help [ 3 Answers ]

Computation of Ending Retained Earnings (Note all items should be included in the computation) Capital stock $60,000 Inventory 100,000 Long-term loan payable $18,000 Cash 12,000 Dividends 3,000 ...

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