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What is the statement of retains earning and what information does it provide?
Nabeels
The statement of retained earnings is a business statement that illustrates the total retained earnings by a company at the end of a period.
Basically the statement starts with retained earnings from the previous period, then adds any gains (on investments) and subtracts any losses (dividends declared, goodwill, discontinued operations). You are then left with the retained earnings for the current period.
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∙ 12y ago
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