Accountancy, asked by adventurechikku10, 5 months ago

give two examples of accumulated profit​

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Answered by rekharamlal1987
16

Accumulated Profits and Losses is the sum of an enterprise's profits and losses left, after the dividend is paid. It can also be termed as either retained capital, retained earnings or earned surplus. ... These are usually in the form of general reserve, reserve fund and/or Profit and Loss account balance.

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Answered by soujanna69
1
The portion of net profits that is retained by a corporation instead of being distributed as dividends. Any accumulated income is typically used by the corporation to reinvest in its principal business or to pay down its debt. Accumulated income appears under shareholder's equity on the corporation's balance sheet.

Also called "retained earnings".

These are usually in the form of general reserve, reserve fund and/or Profit and Loss account balance.
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