Are retained earnings a current asset? 1.36K viewsAccounting0 Harris 0 Comments I am a bit confused with the retained earnings on the balance sheet. Is it included as a current or a non current asset? It’s the profit generated during the year,right? 1 AnswerActiveVotedNewestOldest 0 Trahan Posted 0 Comments No retained earnings are not assets at all! They are part of the equity section of the balance sheet. Register or Login Search for: