Space Shuttle. 1  Length Orbiter: 56 meters (184 feet) 2  Width Orbiter: 23 meters (76.6 feet) 3  Takeoff weight: 2,041 metric tons (4.5 million pounds) 4  Fuel weight: 1,937 metric tons (4.3 million pounds), including solid rocket boosters and external fuel tank. 5  Maiden Flight: April 12, 1981.
The Retained Earnings account is a stockholders' equity account that normally has a credit balance. The Retained Earnings account has three componentsârevenues, expenses, and dividends. Revenues increase the balance of retained earnings. Expenses and dividends decrease the balance of retained earnings.
At the end of the fiscal year, all Revenue and Expense accounts are closed to Income Summary, and that account is closed to Retained Earnings. Profits increase RE; losses will decrease RE. So the RE account might go up or down from year to year, depending on whether the company had a profit or loss that year. The changes in the RE account are called Changes in Retained Earnings and are presented in the financial statements. This information can be included in the Income Statement, in the Balance Sheet, or in a separate statement called the Statement of Changes in Retained Earnings.