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.
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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.
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.
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