Bookkeeping Basics: Understanding Retained Earnings

Episode 36 of the Gentle Frog’s Bookkeeping Lily Pad podcast, hosted by Rachel Barnett, titled "Bookkeeping Basics: Understanding Retained Earnings" was published on March 20, 2025 and runs 2 minutes.

March 20, 2025 ·2m · Gentle Frog’s Bookkeeping Lily Pad

0:00 / 0:00

Summary

What exactly is retained earnings, and how does QuickBooks Online handle it? In this short bookkeeping basics lesson, Rachel Barnett breaks down how retained earnings work, where to find it on your balance sheet, and why you don’t need to manually update it in QuickBooks. She also explains what a positive or negative retained earnings balance means for your business. Whether you're a bookkeeper or a small business owner, this quick explanation will help you understand this important accounting concept. Tune in and learn something new today!

Episode Description

What exactly is retained earnings, and how does QuickBooks Online handle it? In this short bookkeeping basics lesson, Rachel Barnett breaks down how retained earnings work, where to find it on your balance sheet, and why you don’t need to manually update it in QuickBooks. She also explains what a positive or negative retained earnings balance means for your business. Whether you're a bookkeeper or a small business owner, this quick explanation will help you understand this important accounting concept. Tune in and learn something new today!

Share this episode

Similar Episodes

The “Monastery”

Apr 11, 2026 ·22m

The Auld Aumrie

Apr 11, 2026 ·15m

The Parting of the Ways

Apr 11, 2026 ·10m

Crossing the Rubicon

Apr 11, 2026 ·12m

Apr 11, 2026 ·14m

Apr 11, 2026 ·18m

Similar Podcasts

Frens 4Ever (Feels Good, Man) Lunapilot Pepe the Frog is often depicted as a gentle, innocent, and sometimes sad but hopeful frog, embracing a vibe of friendship and support. The "frens" meme is often tied to phrases like "feels good man" or "we’re all gonna make it, fren". It’s become a kind of sweet, optimistic counterbalance to some of the more chaotic sides of internet culture. Gentle Care Ministry - Sounds of Life Carolyn Waddell Sharing about spiritual life, prayer, the Bible, God's truth, knowing God, walking with Jesus by the power of the Holy Spirit. Gentle Human Diianeee Here’s the podcast that is all about movies. I’m not willing to interpret classic movies for you according to the book, I wanna interpret them from a new gentle perspective and take you into the movie to feel life. Hope can bring you comfort and encouragement. Each episode will talk about one movie and will not exceed 15 minutes, suitable as a bedtime story to listen to.If you like it, you can contact me through my email: [email protected], to chat about your life or your views on life or whatever else about life with me.Sincerely wish you good night. gentle wealth gentle wealth Music and entertainment

URL copied to clipboard!