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    yryechae's Avatar
    yryechae Posts: 1, Reputation: 1
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    #1

    May 3, 2009, 06:51 PM
    Net Income in Balance Sheet
    Where do I place net income in a balance sheet?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    May 4, 2009, 01:36 AM

    You don't.

    Net income adds to either retained earnings or capital (depending on the kind of company). But that's done on another statement, not directly on the balance sheet.
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