Answer in Accounting for Alyssa Nowak #107033
March 17th, 2023
RP(31.12.2017) = RP(1.1.2017) + Net profit – Dividends
Net profit = Revenue – Expense
Net profit = (15611 + 103263) – (40546 +13798 + 54742 + 6432) = 3356
RP(31.12.2017) = 74022 + Net profit – Dividends
RP(31.12.2017) = 74022 + 3356 – 8209 = 69169