Previous Year Earning
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Hye. My previous year earning on 31/12/2016 should be reflected the same in my balance sheet 31/12/2017 right? But, why my previous year earning are not the same. I hope you can reply to me as quick as possible as it is an urgent matter. Thank you.
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@Aminah
That appears under Equity, somewhere. You should see something like "Previous years' earnings" or "Retained earnings" or something. I don't remember how Wave words it off the top of my head. But yeah, something along those lines.