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


Trial balance is prepared on ________ basis


A) Monthly
B) Annually
C) Half yearly
D) Any of the above

View Answer

Related Questions - 2


Which of the following is the predefined stock category in tally


A) Primary
B) Symbol
C) Stock
D) Main location

View Answer

Related Questions - 3


‘Tally vault’ is a ________


A) Security mechanism
B) Ledger a/c
C) Cost category
D) None of the above

View Answer

Related Questions - 4


A company can be deleted only in


A) Display
B) Alter
C) Delete
D) Create

View Answer

Related Questions - 5


To see reports of Job Work Analysis


A) Display > Statements of Accounts > Job Work Analysis
B) Display > Job Work In Reports > Job Work Analysis
C) Display > Statements of Accounts> Cost Centre > Job Work Analysis
D) None of these

View Answer