Earned surplus
Earned surplus - Definition Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt. It is also known as retained earnings or Accumulated earnings or unappropriated profit. The money may be used for the purchase of equipment, better
What is Earned surplus?
Earned surplus - Definition Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt. It is also known as retained earnings or Accumulated earnings or unappropriated profit. The money may be used for the purchase of equipment, better
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