If a company has retained earnings of \$80,000 and declares dividends of \$20,000, what is the new retained earnings balance?

A company reports a net loss of \$15,000. How does this affect the retained earnings account?

What might a retained deficit suggest about a company's dividend policy?

If a company declares dividends of \$10,000, how does this affect the retained earnings account?

In a T-account for retained earnings, where would you record net income?

What are retained earnings?

A company has a beginning retained earnings balance of \$50,000, net income of \$20,000, and declared dividends of \$5,000. What is the ending balance of retained earnings?

A company starts with retained earnings of \$100,000, earns a net income of \$30,000, and pays dividends of \$15,000. What is the ending retained earnings balance?

In a T-account for retained earnings, where would you record dividends?

Which of the following scenarios could lead to a retained deficit?