There are two primary sources of equity reported in the stockholders' equity section of a company's balance

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There are two primary sources of equity reported in the stockholders' equity section of a company's balance sheet: contributed capital and earned capital. Earned capital is kept track of in the retained earnings account. What increases retained earnings and what decreases retained earnings?
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Financial Accounting

ISBN: 978-1259222139

9th edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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