How can I adjust Retained Earninga from $60 to nil ?

Thanks for posting here, tonyscar1.

We can adjust your retained earnings by creating a journal entry. 

1. From the + New, select Journal entry.
2. Select the accounts from the Account field that you want to debit and credit.
3. Enter all required info, then tap Save and close.

Before you do that, it's best to seek additional help from your accountant so they can assist you in handling the retained earnings.

Also, you'll want to check these links for more details. These will answer frequently asked questions about year-end and retained earnings account:

• How to view Retained Earnings account details
• FAQ: How to use year-end reports

Post again here if you need more help. Take care!