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Accountıng Iı Deneme Sınavı Sorusu #1074072
Accountıng Iı Deneme Sınavı Sorusu #1074072
Which of the following is the term used for the amount earned through profitable operations of a corporation and that is kept in the corporation?
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Shareholders’ equity |
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Retained earnings |
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Current assets |
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Non-current assets |
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Short term liabilities |
Yanıt Açıklaması:
Retained earnings represents the amount earned through profitable operations of a corporation and that is kept in the corporation. In other words, it is the earned amount which is not distributed to the shareholders as dividends.
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