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I'm having trouble figuring out the retained earnings box that is highlighted red at the end. please help. apter 3 Homework Question 1 of 8

I'm having trouble figuring out the retained earnings box that is highlighted red at the end. please help. image text in transcribed
image text in transcribed
image text in transcribed
apter 3 Homework Question 1 of 8 0.96 / 1 During 2022, Marigold Corp. entered into the following transactions Borrowed $63,800 by issuing bonds Paid $9,320 cash dividend to stockholders 3. Received $17,900 cash from a previously billed customer for services performed. Purchased supplies on account for $4.600, 2 4. Using the following tabular analysis, show the effect of each transaction on the accounting equation (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example) Assets Cash Accounts Receivable + Supplies - Accounts Payable OT 8 0.96/1 ! Using the following tabular analysis show the effect of each transaction on the accounting equation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 3-4 for example) Assets Liabiliti ish Accounts Receivable + Supplies Accounts Payable 63.800 S -9320 17.900 17.900 4,600 4600 e Textbook and Media Using the following tabular analysis, show the effect of each transaction on the accounting equation. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced. See Illustration 3-4 for example.) Liabilities Accounts Payable Stockholders' Equity Retained Earnings Dividends Bonds Payable + Common Stock $ 63800 76,980 11600 e Textbook and Media Assistance Used Textbook

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