No products in the cart.

What is accumulated profit

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is accumulated profit
  • 1 answers

Gaurav Seth 7 years ago

The portion of net profits that is retained by a corporation instead of being distributed as dividends. Any accumulated income is typically used by the corporation to reinvest in its principal business or to pay down its debt. Accumulated income appears under shareholder's equity on the corporation's balance sheet.

Also called "retained earnings".

Accumulated Profits refers to the percentage of net profits that is accumulated and used for reinvestment purposes or to pay down debt rather than being paid out in the form of dividends. Accumulated profit is often invested in areas within the corporation that will create growth opportunities, such as research and development, new technology or machinery, and other forms of capital expenditures.

https://examin8.com Test

Related Questions

U and V Were Partners in a firm
  • 0 answers
Accounting for partnership Firms Fundamentals notes
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App