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  • Balance sheet retained earnings
  • 2016-08-03 17:49:45
Hi,

Cant seem to understand how the retained earnings are reflected in ino's balance sheet, can someone please explain

will be very grateful since we were using tally and we had accumulated profits as a balance sheet item.
  • Anonymous
  • 2016-08-03 19:24:08
That's a very basic accounting principle.
A = L + E
Where equity contains initial investment plus retained earnings
At the end of the year retained earnings always move from P&L to balance sheet.Reply
  • Anonymous
  • 2020-02-24 20:02:14
I have been trying to display the retained earnings for mmarijuana vs. hemp CBD competition but somehow the balance sheet is not showing it. I would also like a bit of help to do it.
Reply
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