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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?
John Moffat says
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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