Hello, information.
Allow me to share some helpful information about retained earnings in QuickBooks Online.
Retained earnings are the profits that a company has earned to date, less any dividends or other distributions paid to investors. This amount is adjusted whenever there is an entry to the accounting records that impacts a revenue or expense account.
Your Retained Earnings account shows the total of your company's income and expenses from all previous years.
For detailed information, check out this article: https://quickbooks.intuit.com/community/Reports-and-accounting/How-to-view-Retained-Earnings-account....
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Feel free to drop a reply if you have additional questions about retained earnings in QuickBooks Online. I'd be happy to answer them for you.