Hi,
I have a few questions I would like to ask:
When there is a negative retain earnings, generally, is there a net loss? How is it possible to have a net income?
On liabilities, if a company issue stocks to a shareholder for a loan, why is it listed negative?
Example:
Non current liability:
Shareholder loan Bob -50,000
Bank loan 100,000
I have a few questions I would like to ask:
When there is a negative retain earnings, generally, is there a net loss? How is it possible to have a net income?
On liabilities, if a company issue stocks to a shareholder for a loan, why is it listed negative?
Example:
Non current liability:
Shareholder loan Bob -50,000
Bank loan 100,000