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.
Because retained earnings is an equity account, it normally has a credit balance. Therefore, you increase the retained earnings balance with a credit and decrease its balance with a debit. Determine the amount by which retained earnings should be decreased.