They represent the company’s accumulated earnings since its inception, minus all dividend payments. Depending on the company’s management, they will either create a separate retained earnings statement or sometimes prepare a combined statement of income and earnings. A retained earnings statement displays what’s going in and out of the retained earnings account. It reflects the accumulation of profits and the distribution of those profits to the owner or shareholders. Balance Sheet Retained earnings represent the cumulative net profit of a business after paying dividends to its shareholders. Here, the word…
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