Robert Coles Sun, Jan 13, 2013 @ 07:01 AM. If Internet memes have taught us anything, it's that there are plenty of ways to waste time, be it at work, at home on the couch, or on Facebook at a restaurant.
Retained earnings and stockholders' equity are decreased by a per-share cash dividend that is paid on common and preferred shares of stock, and not on shares of repurchased or treasury stock.
Find in your accounting records the retained earnings account balance at the end of the current year. For example, assume your companyâs retained earnings balance is $235,000 at the end of the current year. Identify from your records the amount of net income or net loss you had for the current year. In this example, assume you earned net income of $15,000.