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Retained Earnings

The cumulative net profit of a company that has been retained in the business rather than distributed as dividends. Retained earnings form part of equity on the balance sheet.

Related Terms

Equity Dividend Net Profit

See how Kumry handles this in your own books.

Definitions are general information; check current ATO guidance for your circumstances.

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Accounting software for Australian businesses and their accountants.

support@kumry.com

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Retained Earnings -- Accounting Glossary | Kumry