I have tried everything and cannot find "retained earnings" in the Chart of Account, thus I cannot populate it on the Journal Entry.
Does Retained Earnings= Owner’s Equity? Owner’s Equity is in the Chart of Accounts. This was a solution in a similar post on a QB Forum. I have a sole proprietorship.
Otherwise I can find no way to find or apply a line item in a Journal Entry, populated with the account “Retained Earnings.” FYI as part of troubleshooting, I have run the data verification tool with no issues.
