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BLACK FRIDAY SALE 70% OFF QuickBooks for 3 months* Ends 11/30
Buy nowThanks for the information but it's not what I was after. There was a very specific example in a previous post that accounted for distributions and their affect in retained earnings:
Retained Earnings ($5,000,000) Taxed as earned each year for last 12 years
SH Distributions $500,000 Cash Paid to Me (not taxed since already taxed above as earned
Net Equity ($4,450,000)
I asked if there was a report that reflected this information in this way, as the Net Equity is what is actually important.