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#1 2018-08-07 03:41:06

Muhammad
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بِسمِ اللَّهِ الرَّحمٰنِ الرَّحيمِ
From: Sahiwal Division
Registered: 2012-03-22
Posts: 22,033
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Financial Accounting Quiz MCQs Quiz Question.

Accounting Quizzes Financial Accounting Quiz MCQs

Question:
What is the correct accounting name given to the net income which is kept in a corporation for future use and not distributed to shareholders?

Option A):
Retained earnings
Option B):
Additional assets
Option C):
Preference shares
Option D):
Reserve assets

Correct Answer is Option A):
Retained earnings


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2018-08-07 03:41:06

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