Bookkeeping

What is a statement of retained earnings

Posted by    |   August 1st, 2019   |   No responses

What is a statement of retained earnings A fter a successful earnings period, a company, can (at the discretion of its board of directors) pay some of its income to shareholders, as dividends, and keep the remainder as retained earnings. These add to the firm’s accumulated retained earnings, which appear […]

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Synonyms and Antonyms for unearned-revenue

Posted by    |   July 25th, 2019   |   No responses

Synonyms and Antonyms for unearned-revenue A company shows these on the balance sheet. A liability occurs when a company has undergone a transaction that has generated an expectation for a future outflow of cash or other economic resources. In financial accounting or accrual accounting, accruals refer to the recording of […]

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