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How to prepare a statement of retained earnings for your business

Before diving into the preparation of the statement, it is crucial to understand what retained earnings are and why they are important. Retained earnings are the portion of net income that a company retains after distributing dividends to shareholders. They are recorded under bookkeeping the equity section of the balance sheet and can be used

How to prepare a statement of retained earnings for your business Read More »

How to prepare a statement of retained earnings for your business

Before diving into the preparation of the statement, it is crucial to understand what retained earnings are and why they are important. Retained earnings are the portion of net income that a company retains after distributing dividends to shareholders. They are recorded under bookkeeping the equity section of the balance sheet and can be used

How to prepare a statement of retained earnings for your business Read More »

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