Here are the numbers in QB...
Beginning Retained Earnings: $2478
2022 Net Income: $34,079
Full Distributions: $87,936
Ending Retained Earnings: $12,748
Here are the numbers in TTB...
Beginning Retained Earnings: $2478
2022 Net Income: $34,079
Distributions: $36,557
Excess Distributions: $51,379
Ending Retained Earnings: $0
(balance sheet off by $12,748)
