Answer Posted / ranjini panneer selvam
Retained Earnings is not paid out as dividends but instead
reinvested in the core business or used to pay off debt
also called earned surplus or accumulated earnings or
unapproriate profit.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
sir i want know how to fill vat return
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
What are the purposes of maintaining control ledgers?
What is mean by working capital?
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
how we can calculate sundry debtors and crditors a/c?show some examples
What is the fictitious assets?
what is t code of gr/ir report?
What is vat adjustment?
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
Define retail banking?
Do you know what is double-entry accounting? Explain with an example?
What does the word credit mean in terms of accounting?