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Retained earnings

Retained earnings are profits from earlier accounting periods that have not been distributed to the company's owners. At the end of your fiscal year, QuickBooks computes your profit (or loss) into an equity account named Retained Earnings.

KB ID# H_SETUP_GL_RETAINED_EARNINGS
12/2/2016 4:22:32 PM
QYPPRDQBKSWS03 9138 Pro 2017 4b3dbe