Question

What is Retained Earning​

Answer 1

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The retained earnings of a corporation is the accumulated net income of the corporation that is retained by the corporation at a particular point of time, such as at the end of the reporting period.

Answer 2

retained earning refers to undistributed profit after payment of dividend and text it provides the basis of expansion and growth of companies it is considered the most important source of finance since it is internally generated this method of Financing is known as self financing.