Question: Can someone help me solve this? I need to know how to find the ending retained earnings from the information given. Assignments X + v

Can someone help me solve this? I need to know how to find the ending retained earnings from the information given.

Assignments X + v openvellum.college.com/course.html?courseld=15320243&Hep/D=Acd5b38Sea811fc533fa9272673b43a8#10016 Do Homework . Katelyn Gertz . Microsoft Edge https://www.mathxi.com/Student/PlayerHomework,aspx?homeworkid=5290841368/questionld=1&flushed=true&cld=5493483&centerwin=yes Accounting ACG-2021 Financial Accounting - Summer 2019 Katelyn Gertz & | 5/18/19 5:35 PM nts Homework: Ch 1 Homework Save ork Score: 2,96 of 10 pts 7 of 15 (7 complete) HW Score: 24.39%, 60.96 of 250 pts /Test E1-24 (book/static) Question Help The records of Felix Company show the following at December 31, 2018: If) (Click the icon to view the data.) Read the requirements Requirement 1, Compute the missing amount for Felix Company, You will need to determine Retained Earnings, December 31,2018, and total stockholders' equity, December 31,2018, Begin by determining total stockholders' equity, Rework the accounting equation and then solve for stockholders' equity ("equity") at the beginning and end of the period Assets Liabilities Equity Beginning 67,090 11,000 56,00 (0/ Ending 46,090 34,000 12,000 Identify the formula and then solve for the retained earnings balance at the end of the period. fic) ( Ending equity Common Stock = Ending retained earnings 12,000 11,000 = 45,000 Choose from any list or enter any number in the input fields and then click Check Answer. ? parts Check Answer _ remaining Clear All re to search e S

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