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View Full Version : Classified balance sheet - retained earnings


brentyg1
Oct 2, 2009, 10:41 AM
Would you add your net income or comprehensive income to get your ending balance for retained earnings. I am assuming net income but not positive.

morgaine300
Oct 3, 2009, 03:16 AM
Can you please no double-post your questions.

Net income.

Comprehensive income consists of both net income and "other" comprehensive income. The "other" portion is part of equity but outside of retained earnings.