Mes: marzo 2025

The statement of retained earnings can be created as a standalone document or be appended to another financial statement, such as the balance sheet or income statement. The statement can be prepared to cover a specified cycle, either monthly, quarterly or annually. In the United States, it is required to follow the Generally Accepted Accounting … Leer másStatement of Retained Earnings Example Format How to Prepare

Note that the amount of dividends reported in the statement of retained earnings doesn’t include dividends on preferred stock. They’re reported on the income statement as a subtraction from net income and not as an expense because they’re not tax-deductible. The statement of retained earnings is a financial document that summarizes how the company’s retained … Leer másRetained Earnings in Accounting and What They Can Tell You