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Business, 02.12.2019 19:30 nikoidurrant

If a company has a deficit in retained‚Äč earnings:

(a) then retained earnings has a credit balance.
(b) the deficit is subtracted to determine total‚Äč stockholders' equity on the balance sheet.
(c) the deficit is added to determine total‚Äč stockholders' equity on the balance sheet.
(d) then the‚Äč corporation's lifetime earnings exceed lifetime losses and dividends.

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If a company has a deficit in retained‚Äč earnings:

(a) then retained earnings has a cre...
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