The Retained Earnings balance reported on the balance sheet typically is not affected by:

Question

Quizplus · Accepted Answer

Retained Earnings balance reported on the balance sheet is the cumulative amount of net income earned since the inception of the company, less any dividends paid. A stock split does not affect the Retained Earnings balance but merely increases the number of shares outstanding and adjusts the stock's par value. Therefore, option D is the correct answer.

The Retained Earnings Balance Reported on the Balance Sheet Typically