which accounts are reported under the retained earnings section of
the balance sheetHomework Answers
Following are the accounts which are reported under Retained earnings :
Accumulated Other comprehensive income = $ 67,500
Un appropriated retained earnings = $ 90,000
Appropriated retained earnings = $ 8,500
So, net retained earnings = $ 67,500 + $ 90,000 + 8,500 = $ 166,000.
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which accounts are reported under the retained earnings section of
the balance sheet
Assignment Chapter 14...
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7) Complete the following stockholder's equity section of the balance sheet for Sunset Sailboat Company. Information: Use the ending retained earnings balance calculated above. Common stock par value, $5 / share, 200,000 shares. Preferred stock par value, $100 / share, 10,000 shares. Paid-in capital in excess of par - Common Stock, $250,900; Paid-in Capital in Excess of Par - Preferred Stock, $4,750. Comprehensive Income, $45,000, unrecognized trading gain. Treasury Stock ($50,000). Balance Sheet Stockholder's Equity (only) Contributed...
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