Determining Missing Information Using the Accounting Equation Use your knowledge of accounting relations to complete the following table for Boatsman Company. Note: Use a negative sign to indicate a net loss. 2012 Beginning retained earnings $ Net income (loss) Dividends Ending retained earnings 48,192 15,060 2011 $72,459 56,812

Determining Missing Information Using the Accounting Equation Use your knowledge of accounting relations to complete the following table for Boatsman Company. Note: Use a negative sign to indicate a net loss. 2012 Beginning retained earnings $ Net income (loss) Dividends Ending retained earnings 48,192 15,060 2011 $72,459 56,812

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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