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Unformatted text preview: investments and net income), and events that decrease it (withdrawals and net loss). Ending capital is computed in this statement and is carried over and reported on the balance sheet. This ending capital is the most valuable information since it is carried over to the Balance Sheet as the figure in Retained Earnings – which are the funds the company retains and does not distribute as dividends so that the company’s management can plan for future expansions....
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This note was uploaded on 10/17/2011 for the course ACC 225 acc 225 taught by Professor Unknown during the Spring '10 term at University of Phoenix.
- Spring '10