Current Year Earnings - Accounting Dictionary

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Accounting Dictionary - Letter C

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Current year earnings are the net income or loss of an entity for the current year. Current year earnings are the difference between all revenues and all expenses on the income statement. Current year earnings are presented on the balance sheet only until they are transferred to retained earnings. Go Back Don't see the term you are looking for? Try searching our entire website: Not a member? See why people join our online accounting course:
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