How do i find the retained earnings and prepare a balance sheet for .pdf

How do i find the retained earnings and prepare a balance sheet for the company.
Solution
How to Find out the Retained Earning
Note:Retained Earning means money which company had earned and not used for paying
dividend and expenses.
Following computation to be made to know retained earning
Retained Earning from previous Year ****
Company net income ****
Dividend paid in Current Year *****
Balance will called as retained earning *****
How to prepare a balance sheet.
Current Assets
Cash
Marketable Securities
Accounts Receivable
Inventories
Prepaid Expenses
Fixed Asset
Intangible Asset
Other Non-Current Asset
Total Asset
Liabilities
Current Liabilities
Account Payable
Accrued Expense
Short term loan
Income Tax Payable
Total Curent Liabilities
Non- Current Liabilities
Line of Credit
Term loan
Total Non-Current Liabilities
Total liabilities
EQUITY
Capital
Current year Earning
Retained Earning
Total Equity
Total Liability & Equity
Asset = Total Liability and Equity ( must be matched).

1. How do i find the retained earnings and prepare a balance sheet for the company.

Solution

How to Find out the Retained Earning
Note:Retained Earning means money which company had earned and not used for paying
dividend and expenses.
Following computation to be made to know retained earning
Retained Earning from previous Year    ****
Company net income                                   ****
Dividend paid in Current Year                   *****
Balance will called as retained earning    *****
How to prepare a balance sheet.
Current Assets
Cash
Marketable Securities
Accounts Receivable
Inventories
Prepaid Expenses
Fixed Asset
Intangible Asset
Other Non-Current Asset
Total Asset


Liabilities
Current Liabilities
Account Payable
Accrued Expense
Short term loan
Income Tax Payable
Total Curent Liabilities

Non- Current Liabilities
Line of Credit

2. Term loan
Total Non-Current Liabilities

Total liabilities

EQUITY
Capital
Current year Earning
Retained Earning

Total Equity

Total Liability & Equity

Asset    = Total Liability and Equity ( must be matched)