The ___________ account tracks a company's cumulative earnings less dividends.
A)Retained Earnings
B)Cash
C)Common Stock
D)Revenues

Question

Quizplus · Accepted Answer

Retained Earnings account tracks a company's cumulative earnings less dividends. It represents the amount of a company's profits that have been kept or retained for reinvestment in the business rather than distributed as dividends to shareholders. The Cash account tracks a company's cash balance, Common Stock account tracks the company's issued stock, and Revenues account tracks the company's income from sales or services.

The ___________ Account Tracks a Company's Cumulative Earnings Less Dividends