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
Which step is followed to view Purchase Register
A) Gateway of Tally > Display > Sales Register
B) Gateway of Tally > Account Books > Sales Register
C) Gateway of Tally > Display > Account Books > Purchase Register
D) None of these
Related Questions - 2
List of Optional Voucher we can get from
A) Cash Bank Books
B) Exceptional Reports
C) Accounts Books
D) Balance Sheet
Related Questions - 3
We can change the Company Information from
A) A Company Info > Back up
B) Company Info > Alter
C) Company Info > Split Company Data
D) None of these
Related Questions - 4
Which option is selected from Company Info Menu to divide company data into two financial years
A) Change Tally Vault
B) Alter
C) Split Company Data
D) New Company
Related Questions - 5
Which option is true for viewing Profit & Loss A/C in Gateway of Tally
A) Gateway of Tally > Reports > Profit ; Loss A/C
B) Gateway of Tally > Display > Profit ; Loss A/C
C) Gateway of Tally > Account Books > Profit ; Loss A/C
D) None of these