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If your total assets is 420000 total liabilities 215000 paid in capital 75000 what is your retained earnings?

Answer:

Assets = Liablilities + Equity (Equity = Paid in Capital + Retained Earnings)

So, 420,000 - 215,000 - 75,000 = 130,000

First answer by BigMrSteve. Last edit by BigMrSteve. Contributor trust: 412 [recommend contributor recommended]. Question popularity: 1 [recommend question].

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