The accumulated profits that have not been distributed to shareholders are classified as:
A) retained earnings.
B) non-current liabilities.
C) share capital.
D) dividends payable

Name: The accumulated profits that have not been distributed to shareholders are classified as: A) retained earnings. B) non-current liabilities. C) share capital. D) dividends payable
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Accumulated profits that have not been distributed to shareholders' are classified as retained earnings.

The Accumulated Profits That Have Not Been Distributed to Shareholders