what is the retainned earnings account? why are you take
for the x?
Answers were Sorted based on User's Feedback
Answer / ca prem
Retained Earnings Account is opened to park the funds that
remain after distribution of dividends , the same is put
into use for either purchase of new machinery or is
invested , the interest earned on this invested has to be
ploughed back to Retained Earnings Account and cannot be
treated as Income in Normal course
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / chandu
Retained earnings are profits after distributing the
dividends to equity share holders. The retained earnings are
reinvested in the business for business development or
diversification.
Is This Answer Correct ? | 1 Yes | 1 No |
Retained earning is nothing but a accounting profit that
means previous year profit plus current year profit
Is This Answer Correct ? | 0 Yes | 2 No |
give journal entries for the following jan-1 started business with cash 50000 & loan 80000
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
what are the questions commomly asked in reuter's interview.?
when you pay to the same vendor, same amount and same time, what is it called?
What do you means strength of a person in accounting term
What is compensation theorem?
what is minority interest
WHAT R THE POTENTIAL EUITY SHARES
calls in arrears come under which group in tally?
what is outstanding expenses
barwaha
Expand G I S