Which of the following items will not appear in the retained earnings statement?
A) Net loss
B) Prior period adjustment
C) Discontinued operations
D) Dividends

Question

Quizplus · Accepted Answer

The retained earnings statement includes the beginning balance of retained earnings, net income or loss, any dividends declared or paid, and any prior period adjustments. Discontinued operations are reported on the income statement but are not included in the calculation of retained earnings.

Which of the Following Items Will Not Appear in the Retained