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    cathleens's Avatar
    cathleens Posts: 5, Reputation: 1
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    #1

    Oct 17, 2011, 11:51 AM
    Retain Earnings on the Trail Balance
    Can retain earnings be a debit on the trail balance if it is a loss? I understand that retained earnings has a normal credit balance.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 17, 2011, 01:41 PM
    I guess it could, though I never had that happen in any class I have taken.
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