Reconcile Retained Earnings Following is financial information from Johnson & Jane for the year ended December 30, 2018. Retained earnings, Dec. 31, 2017 $122,152 Net earnings 18,356 Other retained earnings changes (1,656) Dividends 11,393 Retained earnings, Dec. 30, 2018 ? Prepare the retained earnings reconciliation for Johnson & Jane for the year ended December 30, 2018 ($ millions). Note: Use a negative sign with any number in the schedule to indicate a negative balance or subtraction. ($ millions) Retained earnings, December 31, 2017 Answer Net earnings Answer Other retained earnings changes Answer Dividends Answer Retained earnings, December 30, 2018 Answer
Reconcile Retained Earnings Following is financial information from Johnson & Jane for the year ended December 30, 2018. Retained earnings, Dec. 31, 2017 $122,152 Net earnings 18,356 Other retained earnings changes (1,656) Dividends 11,393 Retained earnings, Dec. 30, 2018 ? Prepare the retained earnings reconciliation for Johnson & Jane for the year ended December 30, 2018 ($ millions). Note: Use a negative sign with any number in the schedule to indicate a negative balance or subtraction. ($ millions) Retained earnings, December 31, 2017 Answer Net earnings Answer Other retained earnings changes Answer Dividends Answer Retained earnings, December 30, 2018 Answer
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter1: Accounting As A Form Of Communication
Section: Chapter Questions
Problem 1.5AP: Income Statement, Statement of Retained Earnings, and Balance Sheet The following list, in...
Related questions
Question
100%
Reconcile
Following is financial information from Johnson & Jane for the year ended December 30, 2018.
| Retained earnings, Dec. 31, 2017 | $122,152 |
| Net earnings | 18,356 |
| Other retained earnings changes | (1,656) |
| Dividends | 11,393 |
| Retained earnings, Dec. 30, 2018 | ? |
Prepare the retained earnings reconciliation for Johnson & Jane for the year ended December 30, 2018 ($ millions).
Note: Use a negative sign with any number in the schedule to indicate a negative balance or subtraction.
| ($ millions) | |
|---|---|
| Retained earnings, December 31, 2017 | Answer
|
| Net earnings | Answer
|
| Other retained earnings changes | Answer
|
| Dividends | Answer
|
| Retained earnings, December 30, 2018 | Answer
|
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College