Which of the following would increase retained earnings?
An increase in a Revenue account increases Net Income, which in turn would increase Retained Earnings.
|1||The Accounting Equation||3:02|
|2||Assets vs Liabilities||5:32|
|4||The Balance Sheet||5:52|
|5||The Statement of Retained Earnings||5:51|
|6||Retained Earnings vs Shareholder's Equity||6:41|
|7||The Income Statement||6:19|
|8||The Statement of Cash Flows||6:02|
|9||How the Statements Work Together||9:02|