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.
Net Losses and Profits. Close out the organizationâs income statement in the retained earnings section of the statement of financial position. If the organization experiences a net loss, debit the retained earnings account and credit the income account.Conversely, if the organization experiences a profit, debit the income account and credit the retained earnings account.reate a journal entry to adjust retained earnings to fix errors, account for dividends or appropriate earnings. Ryan McVay/Photodisc/Getty Images. The retained earnings figure lies in the stockholdersâ equity section of the balance sheet.