Parrish 1-3 #1 Please find RE 12/31 I have had to ask this question twice already.  The first time the answer was not clear and the equation was not given in a way that the average person could understand.  The second time I was given the wrong equation.   Revenues $6000 Dividends Declared $1000 Expenses $3000 RE 1/1 $5000 RE 12/231 $UNKNOWN

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Parrish 1-3 #1

Please find RE 12/31

I have had to ask this question twice already.  The first time the answer was not clear and the equation was not given in a way that the average person could understand.  The second time I was given the wrong equation.  

Revenues $6000

Dividends Declared $1000

Expenses $3000

RE 1/1 $5000

RE 12/231 $UNKNOWN

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