What is Retained Earnings?
Answer / ranjini panneer selvam
Retained Earnings is not paid out as dividends but instead
reinvested in the core business or used to pay off debt
also called earned surplus or accumulated earnings or
unapproriate profit.
| Is This Answer Correct ? | 5 Yes | 0 No |
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es
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