Retained earnings: Difference between revisions
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''Financial reporting - balance sheet - equity.'' | |||
The final accounting profit (or loss) for the reporting period which is transferred to the profit and loss reserve in the balance sheet to be accumulated with prior periods’ profits and losses. | The final accounting profit (or loss) for the reporting period which is transferred to the profit and loss reserve in the balance sheet to be accumulated with prior periods’ profits and losses. | ||
== See also == | == See also == | ||
* [[Balance sheet]] | |||
* [[Equity]] | |||
* [[Profit and Loss reserve]] | * [[Profit and Loss reserve]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 11:37, 29 October 2020
Financial reporting - balance sheet - equity.
The final accounting profit (or loss) for the reporting period which is transferred to the profit and loss reserve in the balance sheet to be accumulated with prior periods’ profits and losses.
