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August 29, 2023 at 1:57 pm
In the above lecture, in the case of Limited companies, he has been accumulating retained earnings but not share capita Why is this?
John Moffat says
August 29, 2023 at 4:02 pm
The share capital does not change (unless they issue more shares). The total capital (share capital + retained earnings) obviously does change as they make more profit, but the extra profit increases the retained earnings while the share capital stays the same.
May 19, 2023 at 3:51 am
best wishes to you, mr Moffat
May 19, 2023 at 9:02 am
Thank you 🙂
January 11, 2023 at 5:03 pm
Quick question if it’s alright, for a limited company, how is share capital determined if it’s not provided? Do we use the accounting equation?
January 1, 2023 at 6:01 pm
Thank you so much sir. May God bless you sir.
February 7, 2022 at 7:11 am
Thank you for sharing your resources. You are a star!
February 7, 2022 at 3:25 pm
Thank you for your comment.
October 13, 2020 at 2:51 pm
Thank you very much Mr. John Moffat. As I understood the limited company has the different presentation from sole trader on equity because is important to show the retained earnings changed every year, which is extra from the share capital.
September 12, 2020 at 3:12 pm
Very well explained Mr. John. Just a short query here, why sole trader do not use the term “Retained earning” and presenting it the same why as in limited companies. I understand it is requirement for limited companies to present this why but why can’t the sole trader follow the same rule? same presentation?
September 12, 2020 at 5:05 pm
He/she can if they want to but it is a bit pointless since it is all owed to the owner.
June 4, 2020 at 12:50 pm
Thank you Sir. Well explained.
June 4, 2020 at 3:30 pm
Thank you for your comment 🙂
April 11, 2020 at 1:45 pm
Thank you sir for the well explained differences.
April 11, 2020 at 3:58 pm
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