Which of the following items is not required to be disclosed in the notes explaining movements in the Retained earnings account for a year?
A) Dividends declared.
B) Ordinary Shares issued.
C) Opening balance of Retained earnings.
D) Closing balance of Retained earnings.

Question

Quizplus · Accepted Answer

Ordinary Shares issued are not disclosed in the notes explaining movements in the retained Earnings account. The other three items do need to be disclosed.

Which of the Following Items Is Not Required to Be