Different Types of Blood Cells and Their Roles in the Human Body. Different Types of Blood Cells and Their Roles in the Human Body Blood is a mixture of two things: cells and plasma. The heart pumps blood through the arteries, capillaries and veins to provide oxygen and nutrients to every cell of the body. The blood also carries away waste products.
Anything that affects net income, also affects the statement of retained earnings. Some transactions that affect net income include those that increase or decrease in revenue, cost of goods sold and expenses.
Retained earnings are calculated by adding net income and subtracting dividends from the balance of retained earnings at the beginning of the period. Retained Earnings = $5000 + $4000 - $2000 = $7000. Essentially, the statement of retained earnings is affected by any transaction that affects net income and dividends.