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accounting problem!!!

Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
in General Chat
so i just don't understand one question, if anybody could help i would love you forever!!!

why would the amount in the retained earnings account not be equal to the amount of net income or net loss for that accountning period??

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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Could you repeat the question???:D
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    are you taking the piss?? :p
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Originally posted by chaos_insomniac
    are you taking the piss?? :p

    huh?? no, i just went not long ago, i don't have to pee anymore, but thanks for asking.
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Originally posted by my_name


    huh?? no, i just went not long ago, i don't have to pee anymore, but thanks for asking.

    it's ok, just wasn't sure if you needed help with that ;)
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Re: accounting problem!!!

    so anyway...


    why would the amount in the retained earnings account not be equal to the amount of net income or net loss for that accountning period??
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    anybody puppy_dog_eyes.gif i'm failing already, i need all the points i can get puppy_dog_eyes.gif
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    Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    i have not a clue what you're on about sorry...
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