ACCT 23020 at Kent State University

5. The Statement of Retained Earnings

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The Statement of Retained Earnings show how a companies Retained Earnings has changed over the year. We'll talk about what Retained Earnings is and how the statment of RE works.

This Video Mentioned Some Formulas

Beginning RE
+ Net Income
– Dividends
Ending RE
Revenues
– Expenses
Net Income

The Rest Of The Videos

1 The Accounting Equation 3:02
2 Assets vs Liabilities 5:32
3 Shareholder's Equity 5:26
4 The Balance Sheet 5:52
5 The Statement of Retained Earnings
You are here. 		5:51
6 The Income Statement 6:19
7 The Statement of Cash Flows 6:02
8 How the Statements Work Together 9:02
Topic 2 →

Topic 1 Practice Problems

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1 Matching Basic Vocabulary Easy
2 Account Classifications Moderate
3 Solving for Net Income Moderate
4 Tying the Statements Together Moderate
5 Solving for Retained Earnings Hard

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