But that has all changed. Venice is now more than just a beach town, more than just a tourist attraction. Venice is a brand. Or as Ernest, a man I met outside the Oakwood Community Center (he smoked a hand-rolled cigarette and declined to give me his last name), puts it: This used to be a community.
The retained earnings general ledger account is adjusted every time a journal entry is made to a revenue or expense account. Retained Earnings. Retained earnings are reported at the end of an accounting period as the accumulated amount of a company's prior earnings, net of dividends. They can show a positive earnings accumulation or can turn negative and have a deficit if a current period's net loss exceeds the period's beginning retained earnings.
Step 3. Subtract the dividend payments from the result to get the ending retained-earnings balance. For example, if the beginning retained earnings balance is $100,000, net income is $50,000 and dividend payments are $25,000, the ending retained-earnings balance is $125,000 ($100,000 + $50,000 - $25,000).ividends are after-tax cash payments to shareholders. The retained-earnings account in the stockholders' equity section of the balance sheet holds the accumulated profits, minus dividend payments. The statement of cash flow shows a company's cash flows from operating, investing and financing activities.