I'm having trouble getting the balance sheet S100 to balance and I've determined the difference adds up exactly to the dividends paid and the income tax provision amounts combined. Where do I enter these so the balance sheet will balance?
If the dividends have already been paid in the year (2020) then don't you just add a negative number for cash dividends at line 3701 under retained earnings?
The amount of the dividends is deducted from line 1000, cash and deposits.
Is there anything else to do?