Statement of retained earnings
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.
