Retained Earnings Formula + Calculator
When a company borrows money, it receives cash, which appears on its balance sheet as an asset. But this, of course, also incurs debt, which goes into the balance sheet as a liability. As the company spends the borrowed money, http://poiskfan.ru/obnovlenie-xp-orx-versija-0-1-1/ it reduces its assets and lowers its shareholders’ equity unless the business repays its…