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Capital maintenance

Accountancy

Sir in this sum what is the retained earnings? As per my knowledge R.E=actual closing capital - closing capital required = 13000-14,400 = (1400) Is my Retained earnings answer correct??

IMG_20231114_142848.jpg
Krishnan K

Krishnan K

CA Inter

★ 5K+

14-Nov-23 14:35

303

Answers (2)

??

Thread Starter

Krishnan K

Krishnan K

CA Inter

★ 5K+

16-Nov-23 18:06

Retained earnings is zero - since entire earnings have been withdrawn.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

22-Nov-23 16:26

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