Retained earnings at the end of the period is equal to

Question

Quizplus · Accepted Answer

Retained earnings at the end of the period is calculated by adding the beginning balance of retained earnings, net earnings (revenues minus expenses), and any other gains or losses and then subtracting any dividends paid to shareholders. This is represented by the formula: Retained Earnings, End of Period = Retained Earnings, Beginning of Period + Net Earnings - Dividends. Therefore, option D is the correct choice.

Retained Earnings at the End of the Period Is Equal