Examlex
Which of the following would not affect the balance of the Retained Earnings account?
Annual Amortization
The process of gradually writing off the initial cost of an intangible asset over its useful life on a yearly basis.
Investment Balance
The total value of all investments held by an individual or entity at a given time, including stocks, bonds, and other securities.
Equity Method
An accounting technique used to record investments in other companies when the investing company has significant influence but does not control the investee.
Total Excess Amortization
Refers to the amount of amortization that exceeds the net carrying value of the intangible asset being amortized.
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