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how to calculate retained earnings

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › how to calculate retained earnings

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • March 4, 2014 at 6:51 pm #161457
    asad
    Member
    • Topics: 17
    • Replies: 15
    • ☆

    Hi
    how to calculate retained earnings for previuos year.when we dont have income statement and not even mention in question about retained earnings in previous year.while working on post acquisition reserve in consolidated financial statement workings.

    share 250
    retained earnings 1200
    A’s profit after tax for the year is 600

    NOw how i have to calculte post acquisition reserve

    March 8, 2014 at 11:49 am #161779
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    I’ve already given a detailed answer / explanation to this question.

    In future, please just post each question once only

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