Question :

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


How many types of users are present in tally


A) 1
B) 2
C) 3
D) 4

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Related Questions - 2


Find out which is not a Default Ledger in Tally


A) Cash in Hand
B) Capital Account
C) Profit & Loss
D) None of these

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Related Questions - 3


Default ‘godown’ name in tally is ________


A) Primary
B) Main location
C) A or B
D) None of the above

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Related Questions - 4


Which of the following file is usually used as a master file


A) Inventory subsidiary
B) Cash disbursements
C) Cash receipts
D) Payroll transactions

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Related Questions - 5


Collection of ledgers of same nature is called


A) Vouchers
B) Asset
C) Group
D) None of these

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