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Level 3
September 5, 2026
Question

Lacerte 1120S

  • September 5, 2026
  • 1 reply
  • 13 views
  • Lacerte is adding the gross sales to the net income as an adjustment. My retained earnings is incorrect. I checked all input numbers and cannot figure it out. So retained earnings is net income and gross sales….

1 reply

Level 3
September 5, 2026

User error. Income was entered twice  in different places...