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What are retained profits? - Commercial Studies

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प्रश्न

What are retained profits?

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उत्तर

Retained profits refer to the profits that have not been distributed as dividends but have been kept for use in business. Profits are usually retained in the form of general reserves. A part of the profits is transferred to the reserves every year.

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Retained Earnings
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अध्याय 10: Sources of Finance - EXERCISES [पृष्ठ १७१]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 10 Sources of Finance
EXERCISES | Q 8. i. | पृष्ठ १७१
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