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Identify what would be the effect of the transactions below on Retained Earnings. If the transaction would INCREASE Retained Earnings, label the transaction as CREDIT
Identify what would be the effect of the transactions below on Retained Earnings. If the transaction wouldINCREASERetained Earnings, label the transaction asCREDIT. If the transaction wouldDECREASERetained Earnings, label the transaction as DEBIT.
- Dividends
- Loss for the Period
- Profit for the Period
- Revaluation Surplus Realized
- Quasi-recognition
- Retirement of share capital
- Conversion of share capital
- Effects of Recapitalization
- Treasury Share Transactions
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