Retained earnings
This query is : Resolved
30 May 2013
Hi Seniors,
Can a Company's Retained Earnings be withdrawn by the promotors when 2 or more new partners are joining the Company?
What will be the treatment and what all entries we need to pass? Please guide us in this regard.
thanks,
sainath
Can a Company's Retained Earnings be withdrawn by the promotors when 2 or more new partners are joining the Company?
What will be the treatment and what all entries we need to pass? Please guide us in this regard.
thanks,
sainath
15 June 2013
no
promotors can not withdraw retained earning
it will be distribute as dividend
or bonus shares.
promotors can not withdraw retained earning
it will be distribute as dividend
or bonus shares.
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