what is retained earnings?
Answers were Sorted based on User's Feedback
Answer / jnans
Retained earnings automatically carry forward the balances of
GL accounts to the Profit and loss account in the year end.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / pratik pandey
Retained Earning helps to post the dirrerence between
Income and Expenditure
| Is This Answer Correct ? | 1 Yes | 4 No |
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