hi friends this veerendra
i faced a qsn from accenture
that is "if we use 2 retained earng a/cs what will happened
and which places it will affect? give me explain
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Answer / s. ganeshkumar
Hi Veerandra,
Please open the below mentioned website address for your
question.
http://en.wikipedia.org/wiki/Retained_earnings
Thanks
Ganesh
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Answer / amarnath
if we maintian 2 or more retained earnings account it will
reflect in liabilty side of balance sheet (other current
liability)
i hope this reach u
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