How to prepare a statement of retained earnings + formula
The Brex business account consists of Checking, a commercial demand deposit account offered by Column N.A. (“Column”), member FDIC, and Treasury and Vault, which are cash management services offered by Brex Treasury LLC (“Brex Treasury”), member FINRA/SIPC, an affiliate of Brex. Businesses usually publish a retained earnings statement on a quarterly and yearly basis. That’s because these statements hold essential information for business investors and lenders. As you can see, at the first of this statement, there is the opening balance of accumulated earnings that Continue lendo→