Category : Bookkeeping

Retained Earnings Formula + Calculator

May 2, 2023

Retained earnings are the residual net profits after distributing dividends to the stockholders. Thus, at 100,000 shares, the market value per share was $20 ($2Million/100,000). However, after the stock...

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Accounting Cycle 101 The 8 Steps Explained

September 29, 2020

ContentImportance of the Accounting CycleStep 4: Preparing an unadjusted trial balanceSpend more time growing your businessStep 1: Analyze and record transactionsAccounting cycle vs. the budget cycleIdentify TransactionsAnalyze the worksheet...

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