Q58
Retained Earnings is an alias of
A.
Indirect Income
B.
Reserve and Surplus
AnswerC.
Capital Account
D.
Investments
Answer: Option B
Solution
Answer: Option B
Solution:
Retained Earnings (RE) are the portion of a business’s profits that are not distributed as dividends to shareholders but instead are reserved for reinvestment back into the business. It is also called Reserve and Surplus.