0
When setting beginning balances where does retained earnings go?
Wiki User
∙ 14y ago
Retained earnings, at a high level, represent a component of equity.
Some companies keep separate retained earnings balances (e.g., by year), so the beginning balance in any given fiscal year is $0.
Many companies; however, use a single balance for retained earnings and add (subtract) recent year earnings (losses) to prior year earnings (losses) to create the next year's beginning balance.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
A policy of dividend smoothing refers to?
setting a dividend price that does not necessarily conform with retained earnings
What is retained earnings and general reserve?
Retained Earnings are the accumulated profits and losses of a company over time (less any dividends or distributions to stockholders). At the end of each fiscal year, the income and expense accounts are zeroed out and the net profit or loss for the year is posted to Retained Earnings. So if a company made $10,000 Net Income per year for it's first three years (and paid no dividends), at the end of year three, Retained Earnings would be $30,000.
What appears at the beginning of the scene?
setting
What is the setting at beginning of the story of johnny Tremain?
the setting of Johnny Tremain at the beginning of the book the setting takes place in colonial Boston at the Laphams silversmith shop and in the heart of Boston
What was the setting of the beginning of locket?
the slope of a hill
What is the setting for the beginning of odyssey?
mount Olympus
What is the setting for the beginning of Caesar?
a street in Rome
What is the setting at the begining of Jane eyres?
Gateshead Hall is the setting at the beginning of Jane Eyre.
What was the setting for the beginning of Julius Caesar?
a street in Rome
The description at the beginning of each scene is known as what?
setting
What is the setting for the beginning of Julius Caesar?
a street in Rome
What At the beginning of each scene there is a description of that scene's?
Setting
