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{"id":2212,"date":"2021-11-11T07:40:58","date_gmt":"2021-11-11T07:40:58","guid":{"rendered":"https:\/\/sallanchem-gulf.com\/?p=2212"},"modified":"2024-06-20T10:09:59","modified_gmt":"2024-06-20T10:09:59","slug":"statement-of-retained-earnings-a-complete-guide","status":"publish","type":"post","link":"https:\/\/sallanchem-gulf.com\/statement-of-retained-earnings-a-complete-guide\/","title":{"rendered":"Statement of Retained Earnings: A Complete Guide"},"content":{"rendered":"

\"accounting<\/p>\n

At the end of every year, the company’s net income gets rolled into retained earnings. Therefore, a single number of retained earnings could contain decades of historical value accumulated over a much longer reporting period. The normal balance in a profitable corporation\u2019s Retained Earnings account is a credit balance.<\/p>\n