Balance Sheet
Balance Sheet Nybrostrand Company Statement of retained earning s December 31, 2012 Beginning retained earnings $- Plus net income (revenue – expenses) (586,000-$467,350)= $118,650 Less dividends $15,000 Ending retained earnings 103,650 Nybrostrand Company Balance sheet December 31, 2012 Assets ($) Liabilities ($) Current assets Cash 30,000 … Read more