The _____ account accumulates the amounts of the undistributed earnings over time.
A)Treasury Stock
B)Cash
C)Additional Paid-in-Capital
D)Retained Earnings
E)Common Stock

Question

Quizplus · Accepted Answer

The Retained Earnings account accumulates the amounts of the undistributed earnings over time. This account reflects the cumulative amount of profits retained by the company that have not been distributed as dividends to the shareholders.

The _____ Account Accumulates the Amounts of the Undistributed Earnings