Question :
A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments
Answer : B
Retained Earnings is an alias of
A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments
Answer : B
Description :
Retained Earnings (RE) are the portion of a business’s profits that are not distributed as dividends to shareholders but instead are reserved for reinvestment back into the business. It is also called Reserve and Surplus.
Related Questions - 1
Optional Voucher is one type of
A) Conventional Voucher
B) Unconventional Voucher
C) Both A and B
D) None of these
Related Questions - 2
A Group Company is ________ given to the merged accounts of member companies of the group
A) a name
B) an identity
C) A and B
D) None of the above
Related Questions - 3
Which option is used to copy company’s data into pendrive or CD
A) Backup
B) Restore
C) Split Company Data
D) Copy Data
Related Questions - 4
Recording of actual stock as physically verified or counted is done through
A) Journal
B) Stock Journal
C) Physical Stock
D) Sales
Related Questions - 5
Sales return are recorded in ________ Voucher
A) Sales voucher
B) Debit note
C) Receipt
D) Credit note