Question: Determining missing statement of changes in equity amounts of retained earnings the change in retained earnings from the beginning of the year to the end

Determining missing statement of changes in equity amounts of retained earnings the change in retained earnings from the beginning of the year to the end of the year is the result of net earnings minus dividends for the year. These changes are part of the information presented on the statement of changes in equity.

Required
Calculate the missing amounts in the reconciliation of retained earnings in each of the following independent situations: Retained earnings, Dec. 31, 2023 Net earnings (loss) Dividends declared and paid

Retained earnings, Dec. 31, 2023 Net earnings (loss) Dividends declared and paid Retained earnings, Dec. 31, 2024 A $ (1) 30,000 5,000 95,000 $350,000 400,000 (3) 600,000 C $2,400,000 (2) 200,000 $2,700,000 D $540,000 190,000 340,000 (4)

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