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What is the difference between Retained earning and Net
Profit?
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Answer Posted / punita
Net Profit is the profit earned during the year it
available for distrubtion to shareholders or available for
reinvestment purpose. While Retained earning is kept in
business not distributed to stake holders kept for
reinvesmtment or for further expansion of business.
| Is This Answer Correct ? | 12 Yes | 1 No |
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