Difference between revisions of "Statement of retained earnings"
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− | [[Statement of retained earnings]] is a financial report that reveals the changes in retained earnings for a particular period of time. | + | [[Statement of retained earnings]] is a financial report that reveals the changes in [[retained earnings]] for a particular period of time. |
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
− | :[[Statement of retained earnings]]. A financial report that reveals the changes in retained earnings for a particular period of time. | + | :[[Statement of retained earnings]]. A financial report that reveals the changes in [[retained earnings]] for a particular period of time. |
==Related concepts== | ==Related concepts== | ||
− | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a | + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particular enterprise, may also include [[quantitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. |
==Related lectures== | ==Related lectures== |
Latest revision as of 03:29, 9 November 2019
Statement of retained earnings is a financial report that reveals the changes in retained earnings for a particular period of time.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Statement of retained earnings. A financial report that reveals the changes in retained earnings for a particular period of time.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particular enterprise, may also include quantitative analysis of financial data in the bookkeeping system and/or business intelligence.