Question: Determining Missing Information Using the Accounting Equation Use your knowledge of accounting relations to complete the following table for Boatsman Company. 2011 2012 Beginning retained
Determining Missing Information Using the Accounting Equation Use your knowledge of accounting relations to complete the following table for Boatsman Company.
| 2011 | 2012 | |
|---|---|---|
| Beginning retained earnings | $89,089 | $Answer |
| Net income (loss) | Answer | 48,192 |
| Dividends | 0 | 15,060 |
| Ending retained earnings | 69,634 | Answer |
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