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Retained earnings is synonymous to:

<p>(a) Accumulated profit and loss account</p> <p>(b) Profit for the year</p> <p>(c) None of these.</p>

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Question added by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh
Date Posted: 2014/09/25
Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

A

Deleted user
by Deleted user

Answer A is correct . we can say also profit & loss pool .

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Colleagues agreed with the answers correct answer 

  Answer A

Ahmed Abd Alwahab Awad Ibrahim
by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

Answer is

Option# A

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

(a) Accumulated profit and loss account

Khan Sohal khan
by Khan Sohal khan , Associate , State Street Syntel Services Pvt Ltd.

A is correct

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

A

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Answer is A

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

retained earnings are the accumulated profit and loss

Kallol Chandra Das
by Kallol Chandra Das , Junior Officer , The Premier Bank Limited

Its Accumulated Profit over the years.

Kamran Anjum
by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh

Right Answer is Option A)  Accumulated profit and loss account

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