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Retained Earnings Statement

   Also found in: Wikipedia 0.01 sec.
Retained earnings statement
A statement of all transactions affecting the balance of a company's retained earnings account.

Retained Earnings Statement
A financial statement that a publicly-traded company files each year stating its net income that has not been paid out as dividends. See also: Plowback rate.

retained earnings statement


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Retained Earnings Statement for 20X6 for Year Ended December 31 20x6 Beginning retained earnings-as previously reported $125,800 Prior-period adjustment: Change in accounting principle, less tax effect of $1,200 2,800 Beginning retained earnings-adjusted 128,600 Add: Net income 86,100 Ending retained earnings $214,700 Exhibit 5 ABC Co.
Overall financial statement completeness and integrity (3) The balance sheet (6) The income statement and retained earnings statement (13) The accounts receivable/revenue cycle (4) Inventory (2) The mean percent of correct answers to the 28 items varied considerably between financial reporting categories and items.
 
 
 
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