if you have $0 net income, how did cash balance change from beginning of year? how does the S-Corp have beginning cash. (the usual way is that shareholders put in money for the stock) . you seem to know very little about s-corp operations and reporting. seek professional help at least until you understand how thinks work to change balances.
true an S-Corp is a pass-through entity but undistributed earnings are reflected as retained earnings and taxed to shareholders regardless of whether distributed or not. when you distribute the earnings (which will be tax free) retained earnings will go down.
