Retained earnings is classified as which type of account?
برقرار رکھی گئی آمدنی کو کس قسم کے اکاؤنٹ کے طور پر درجہ بندی کیا گیا ہے؟
- Asset
- Liability
- Expense
- Equity
- All of these
Explanation
Retained earnings are a type of equity and are therefore reported in the shareholders' equity section of the balance sheet.
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