The net income figure is used to prepare the statement of retained earnings.
If you want to change selection, open document below and click on "Move attachment"
Subject 2. Major Financial Statements recurring income is persistent. If an item in the unusual or infrequent component of income from continuing operations is deemed not to be persistent, then recurring (pre-tax) income from continuing operations should be adjusted.
<span>The net income figure is used to prepare the statement of retained earnings.
A balance sheet provides a "snapshot" of a company's financial condition. Think of the balance sheet as a photo of the business at a sp
last reprioritisation on
suggested re-reading day
started reading on
finished reading on
Do you want to join discussion? Click here to log in or create user.