Complete a Balance Sheet by solving for Retained Earnings

This question asks us to calculate the amount of retained earnings in the balance sheet by applying the basic accounting equation.

[christiansantana]

Thank you so much!
You helped me more than my professor.

[Elias-cguq]

Great help! By far the best explanation I have come across on Youtube.

[honestshay]

Very helpful. Thank you for the way you explained it. I was stuck in my introduction to accounting class and I was able to use this to learn to calculate retained earnings.

[JoyannaNolf]

Girl just saved my life. Ive been struggling with this in class and now its so clear!

[houstontaxattorney]

Very helpful. I was so lost in my class so I pulled this up and it makes total sense now.

[adammustafa]

Wow thank you so much, youve explained everything that I needed to know very well. Youve Earned a loyal Subscriber.

[burr]

OMG! Thank you SO much! You made retained earnings easy and understandable.

[mmxxis]

What if there's no Common Stock on the balance sheet?

[wimpryan]

Good day. What happens if the retained earnings is greater than capital stock? is there need to increase capital by declaring stock dividend?

[grandtheftanna]

This was such a huge help, thank you!

[preyontheweak]

what if you're dealing with "long-term" liabilities like a note payable, is that still included in the calculation?

[peeralchandio]

Common stock (25, 000) is just no of shares or including its price?

[bellathelittle]

omg thank you so much, this was so helpful!

[hirojuarez]

thank you so much for this!!!!❤️❤️❤️❤️❤️❤️❤️

[mdshiamhossen]

Sir aime to adjuting perina taholay kamnay taratre para jabay akto bolen