Retained Earnings amount not displaying in Balance Sheet
vitaeterna
vitaeterna2004 at yahoo.ca
Mon Jun 3 22:54:28 EDT 2013
I figured out that something happened on July 25, 2012.
On July 24, the balance sheet displays like this:
Balance Sheet 2012-07-24
Assets
Assets -$1,510.48
Current Assets -$1,510.48
Petty Cash $0.00
Checking Account -$1,510.48
Savings Account $0.00
Total Current Assets -$1,510.48
Accounts Receivable $0.00
HST Charged to clients $0.00
Total Accounts Receivable $0.00
Total Assets -$1,510.48
Total Assets -$1,510.48
Liabilities
Liabilities $4,500.00
Credit Card $0.00
Shareholder Loans $4,500.00
Accounts Payable $0.00
Total Liabilities $4,500.00
Accounts Payable $0.00
Accounts Payable $0.00
Total Accounts Payable $0.00
Total Liabilities $4,500.00
Equity
Equity $0.00
Opening Balances $0.00
Retained Earnings $0.00
Total Equity $0.00
Retained Losses $6,010.48
Total Equity -$6,010.48
Total Liabilities & Equity -$1,510.48
But on July 25, the balance sheet displays like this:
Balance Sheet 2012-07-25
Assets
Assets $0.00
Current Assets $0.00
Petty Cash $0.00
Checking Account -$1,510.48
Savings Account $0.00
Total Current Assets -$1,510.48
Accounts Receivable $0.00
HST Charged to clients $0.00
Total Accounts Receivable $0.00
Total Assets -$1,510.48
Total Assets -$1,510.48
Liabilities
Liabilities $0.00
Credit Card $0.00
Shareholder Loans $4,500.00
Accounts Payable $0.00
Total Liabilities $4,500.00
Accounts Payable $0.00
Accounts Payable $0.00
Total Accounts Payable $0.00
Total Liabilities $4,500.00
Equity
Equity $0.00
Opening Balances $0.00
Retained Earnings $0.00
Total Equity $0.00
Retained Losses $6,010.48
Unrealized Gains $
Total Equity $
Total Liabilities & Equity $
I cannot see any transactions that are posted on July 24 or 25. As you can
see the indentation changes a little bit from one day to the next, which is
not important. But the Total Equity and Total Liabilities & Equity have
suddenly gone blank, which does look funny.
This has got me stumped!
--
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