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Statement of retained earnings is structured as an equation in a way that it begins with the retained earnings at the beginning of the reporting period with few adjustments for items like net income and dividends and ends with the retained earnings balance for that accounting period.
Beginning retained earnings on income statement. That are not distributed as dividends to. Retained earnings re are the portion of a business s profits net income net income is a key line item not only in the income statement but in all three core financial statements. Retained earnings appear on a company s balance sheet and may also be published as a separate financial statement. What are retained earnings.
Check the beginning retained earnings you find in the current period s financial statements.
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