Answer / jana_pc

Retained Earning Account

Answer / mahi

Retained Earnings A/c

Answer / shantanu

The first mandatory account is Retained Earnings Account.
But based on other Standard Options selected, the other
mandatory accounts are,
a. Suspense Account
b. Rounding Differences Account
c. Cumulative Translation Adjustment Account
d. Reserve for Encumbrance Account
e. Net Income Account

Answer / kishore

retained earnings account
transaction adjustment account
suspense account
net income account
rounding differences account
reserve for encumberance account

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