What further research can I do to learn more about retained earnings?

Jul 23, 2018 ... ... Type of each account to determine which accounts are Balance Sheet vs. P&L accounts. For all of the P&L accounts, Dynamics GP generates a ... Jan 31, 2023 ... One way to clear the liability is with a balanced journal entry. Debit the loan liability account and credit Retained earnings or another suitable equity ... Account Types. Home; Account Types. Account. Type. Debit. Credit. ACCOUNTS ... RETAINED EARNINGS, Equity, Decrease, Increase. RETIREMENT CONTRIBUTION PAYABLE ... Adjusted Retained Earnings acquired through Business ... NET INCOME (UNLESS THIS AMOUNT IS ALREADY INCLUDED IN UNDIVIDED EARNINGS)(ACCOUNT 602). Sep 17, 2018 ... These payments -- from a corporation's profits or from its accumulated retained earnings ... This type of payment, often referred to as a ... Balance sheet accounts will be rolled forward to the next year, and Profit and Loss accounts will be rolled into the Retained Earnings account. Cause. This ... Retained earnings - Recommend that only 1 account of this type be created. NOTE: If you do not create this account, Workamajig will auto-create the account at ... Nov 5, 2020 ... ... type of account is 'Shareholder Distribution Account ... account, debit retained earnings and credit the shareholder's equity account. In governmental accounting, we have specific names for retained earnings as well, depending on fund type. ... form, like inventories or prepaids (i.e. ... The balance sheet account balances are the balances at. December 31, 2009 except for the retained earnings balance which is the balance at 1/1/2009: Accounts ...