Question
I am doing a consolidating worksheet for consolidating financial statements. I am in putting the relevant Debit and Credit entries into the Consolidating entries columns.
I am doing a consolidating worksheet for consolidating financial statements.
I am in putting the relevant Debit and Credit entries into the Consolidating entries columns. My question is Which retained earnings account do I place them agaisnt .
I am have done consoldiating journal entries for year 30/06/2021.
On the worksheet there is Retained Earnings (30/06/2021) xxxxxxxx & there is Retained Earnings (01/07/2021) XXXXXX after dividends have been paid
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Auditing A Practical Approach with Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
1st edition
1119401747, 978-1119401742
