Question: Determining Missing Information Using the Accounting Equation Use knowledge of accounting relations to complete the following table for Boatsman Company. 2016 2017 Beginning retained earnings.
Determining Missing Information Using the Accounting Equation Use knowledge of accounting relations to complete the following table for Boatsman Company.
2016 2017 Beginning retained earnings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $189,089 $ ?
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ? 48,192 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 15,060 Ending retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 169,634 ?
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