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12 December, 11:55

Retained earnings at the end of the period is equal to:

retained earnings at the beginning of the period plus net income minus liabilities.

retained earnings at the beginning of the period plus net income minus dividends.

net income.

assets plus liabilities.

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  1. 12 December, 12:09
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    retained earnings at the beginning of the period plus net income minus dividends.

    Explanation:

    As we know that

    The ending balance of retained earning = Beginning balance of retained earnings + net income earned - cash dividend paid

    While calculating the ending balance, we added the net income and deduct the cash dividend paid to the beginning balance of retained earning account so that the ending retained earnings balance could come
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