Which of the following represent capital that has been earned by the profitable operation of a company? Paid-in capital Retained profits
A) Yes Yes
B) Yes No
C) No Yes
D) No No

Name: Which of the following represent capital that has been earned by the profitable operation of a company? Paid-in capital Retained profits A) Yes Yes B) Yes No C) No Yes D) No No
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Question

Quizplus · Accepted Answer

Retained profits represent capital earned by the profitable operation of a company, while paid-in capital is the money invested by shareholders.

Which of the Following Represent Capital That Has Been Earned