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Companies can report a negative amount in retained earnings.

H3Ko

wrote...

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Posts: 4891

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7 years ago

Companies can report a negative amount in retained earnings.

Companies can report a negative amount in retained earnings.
A) True
B) False

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 74 times

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Mrgo-breed

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7 years ago

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H3Ko Author

wrote...

#2

7 years ago

YES! Can't believe I got this one right. Appreciate the confirmation

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