Retained earnings : Retained earnings is the accumulated balance of all the earnings made during the past years of the corporation which is left after being paid the dividend of the respective years.These are the residual incomes left over the years after distribution to stockholders. : Retained earnings statementof the corporation.

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Chapter 11, Problem 15E

To determine

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Retained earnings:Retained earnings is the accumulated balance of all the earnings made during the past years of the corporation which is left after being paid the dividend of the respective years.These are the residual incomes left over the years after distribution to stockholders.

:

Retained earnings statementof the corporation.

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