What is the year-end balance in retained earnings


Problem

Assume Attaway Inc's balance sheet only has the following accounts at year-end:

Accounts receivable $210,000
Accounts payable $195,000
Inventory $36,000
Cash $155,000
PPE $760,000
Common stock outstanding $630,000
Retained Earnings ???

What is the year-end balance in retained earnings?

Request for Solution File

Ask an Expert for Answer!!
Managerial Accounting: What is the year-end balance in retained earnings
Reference No:- TGS03321264

Expected delivery within 24 Hours