14 3 Record Transactions and the Effects on Financial Statements for Cash Dividends, Property Dividends, Stock Dividends, and Stock Splits Principles of Accounting, Volume 1: Financial Accounting
Content How to Calculate Retained Earnings How to understand the equity section of the balance sheet Business Types Impact on the income statement: Expenses are grouped toward the bottom of the income statement, and net income is on the last line of the statement. Businesses that generate retained earnings over time are more valuable and … Ler mais