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What is retained land?

Updated: 9/18/2023
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Q: What is retained land?
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What is land surrounding a manor retained by owner?

demain


Which of the following items has no effect on retained earnings expense land purchase dividends revenue?

Land purchase


How long after sale of land can the original owner retain mineral rights to the property?

The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.The mineral rights need to be retained and reserved at the time of the sale. If you sell the land without reserving the mineral rights they are attached to the land and go with the land to the new owner.


What is land surrounding a house or manor retained by the owner for his own use called?

DEMESNE


What are captured military medical personnel are?

Retained


What is a lord's demesne?

The lord's demesne is the land associated with a manor he has retained for his own personal use, as opposed to land he has alienated for use by other people.


Do retained earning and retained profit the same?

Yes


What is retained earning an asset?

retained earnings an asset?


Is unappropriated retained earnings credit?

Yes, since this account (Retained Earnings) is a credit account and an uppropriate retained earnings account is simply a non-restricted account which is Retained Earnings !!! Even the restricted/ appropriate retained earnings are credited.


What is the difference between retained earnings and retained profit?

Retained profits are profits of that particular financial year (After taken into account of dividends payouts, transfer to reserves and etc) without adding profits from the previous year. When Retained profit of the current year is transferred to the balance sheet after adding previous year profits, it is called retained earnings.(Retained profit + Retained earnings b/d = Retained earnings c/d).


What is the difference between retained earnings and retained profits?

none


Which financial statement summarizes the changes in retained earnings?

Stetement of retained earnings summarizes the changes occured in retained earnings from opening balance to closing balance.