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What is the difference between appropriated and unappropriated retained earnings?
Wiki User
∙ 11y ago
Net earning of the firms, included retained earning, dividend etc.
Wiki User
∙ 11y ago
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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.
Are unappropriated retained earnings in a c corp subject to income tax if distributed to shareholders?
Retained earnings are retained on the balance sheet after being earned and taxed. To distribute them to shareholders, they would be dividended, which is not deductible and done with after tax money to the company, and is taxable to the recepient.
Is last year retained earnings consider as cash holdings?
It is cash only if it is appropriated as general reserve. Retained Earnings is a "general term" where the earnings are already used for various activities of the business.
What is the difference between retained earnings and retained profits?
none
What is the meaning of reserves and surplus?
Amount appropriated out of earned surplus (retained earnings) for future planned or unforeseen expenditure.
What is the difference between retained earnings and reserve?
Retained earnings are current year profit and Reserves are allotted the amount from last year profits as reserves.
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).
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.
Where does the fund for payroll come from Does it come from net income/retained earnings?
The difference between revenue and retained earnings is that revenue is the ... they are derived from net income on the income statement and contribute to ..
What are the three types of appropriated retained earning accounts?
Stock buyback is one of the three types of appropriated retained earning accounts. Also, new product development and acquisitions are two other types of appropriated retained earning accounts.
What are the reasons for not using retained earnings when starting a new business?
A new business has no retained earnings. Retained earnings are prior years earnings that have not been distributed to the shareholders... if it is a brand new business there is no possible way to have retained earnings at inception date.
Formulla for retained earnings?
retained earnings=profit after tax- dividend distribution
