"Held or retained" typically refers to something that is kept in possession or maintained over time. This can apply to physical objects, data, or even emotions and memories. In various contexts, it implies a sense of control or ownership over the item or concept in question. For example, a company may hold financial records, or an individual may retain knowledge or experiences.
Accumulated retained profit, also known as retained earnings, refers to the portion of a company's net income that is retained within the business rather than distributed as dividends to shareholders. It is a cumulative figure, reflecting the total profits retained over time since the company's inception, minus any losses. This amount can be reinvested in the business for growth, used to pay off debt, or held as a reserve for future needs. Retained earnings are reported on the company's balance sheet under shareholders' equity.
Yes
retained earnings an asset?
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.
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).
"held" can be a verb (past tense of "hold") or an adjective (meaning something that is kept or retained). It is not a noun or pronoun.
Retained
Accumulated retained profit, also known as retained earnings, refers to the portion of a company's net income that is retained within the business rather than distributed as dividends to shareholders. It is a cumulative figure, reflecting the total profits retained over time since the company's inception, minus any losses. This amount can be reinvested in the business for growth, used to pay off debt, or held as a reserve for future needs. Retained earnings are reported on the company's balance sheet under shareholders' equity.
A word that means "kept" is "retained." It indicates that something has been held onto or preserved, whether it's information, possessions, or a particular state. Other synonyms include "maintained" or "held."
Yes, Science is a main class, if you fail it, you can be retained (held-back)
Yes
retained earnings an asset?
The opposite of "released" is "confined" or "restrained." While "released" implies freedom or the act of letting go, "confined" suggests being held in a restricted space or situation. Other antonyms could include "held," "captured," or "retained," depending on the context.
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.
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).
none
Stetement of retained earnings summarizes the changes occured in retained earnings from opening balance to closing balance.