Which of the following is not showed on the retained earning

Which of the following is not showed on the retained earnings statement of a company?

Net income of the company

Dividends paid by the company

Ending balance of retained earnings

Additional capital stock issued by the company

A.

Net income of the company

B.

Dividends paid by the company

C.

Ending balance of retained earnings

D.

Additional capital stock issued by the company

Solution

Formate of Retained Earning is as below,

Opening Retained Earning = XXX

Add: Net Profit of the year = XXX

Less: Dividends paid for the year XXX

Ending Balance of Retained Earning XXX

So as per the above formate Additional capital stock issued by the company is not part pf the retained earning statement.

So.

answer = Option D = Additional capital stock issued by the company

Which of the following is not showed on the retained earnings statement of a company? Net income of the company Dividends paid by the company Ending balance of

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site