Glencoe Accounting: First Year Course
1st EditionGlencoe McGraw-Hill
548 solutions
Accounting: What the Numbers Mean
10th EditionDavid H Marshall, Wayne W McManus
772 solutions
Intermediate Accounting
16th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
2,304 solutions
Financial Accounting
9th EditionCharles T. Horngren, Walter T Harrison, Walter T. Harrison Jr.
1,231 solutions
Which term describes assets generated through operations that have been reinvested?
Which term describes assets generated through operations that have been reinvested into the business? retained earnings.
Which term describes assets earned from operations that have been reinvested into the business quizlet?
Which term describes assets earned from operations that have been reinvested into the business? Retained Earnings. You just studied 188 terms!
Which activities involve acquiring the assets to run the business?
Investing activities involve acquiring the resources necessary to run the business. Operating activities involve putting the resources of the business into action to generate a profit.
What are the three components of retained earnings?
The three components of retained earnings include the beginning period retained earnings, net profit/net loss made during the accounting period, and cash and stock dividends paid during the accounting period.