Accounting for Equity - Sole Trader

Configure Equity Changes (Two Years)

Beginning Retained Earnings (Start of Year 1):

Year 1 Financial Year End Date:

Profit or Loss (Year 1):

Total Dividends Declared (Year 1):

Profit or Loss (Year 2):

Total Dividends Declared (Year 2):

Enter values and click "Generate" to see journal entries.

Retained Earnings Ledger will appear here.

Dividends Ledger will appear here.

Relevant concept explanation will appear here.