on 05-18-2011 3:18 PM
Experts,
I have what I believe to be a pretty simple question however, I am unable to locate any good answers for it through the Flashbooks, the DRC, or this forum.
Why, on the Trial balance report, does the retained earnings account show a 0 balance?
Thanks in advance, and kind regards,
Lucas Fischer
Hi Lucas Fischer,
Retained earnings account is for P&L statement. It is nothing to do with balance sheet.
Thanks,
Gordon
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