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What do you mean by retained …

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What do you mean by retained earning states is two merits

    • Posted by Priya Sharma 2 years, 8 months ago

    CBSE > Class 11 > Business Studies
    • 1 answers

    Om Jain 2 years, 8 months ago

    Retained earnings is a long term of finance .It is in owner fund . It means ploughing back of profit or accumulated profit . Merits of retained earnings : 1.Cushion of security . 2.Long term finance

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