ZEESHAN AFZAL

  Retain Earning .. …………………….....…… 1 - Retained earnings are the earnings left over and kept by the company after paying all current obligations and expenses.including dividend payment to share holders. 2 - retained earnings represent the cumulative net income a company keeps after paying a dividend . 3 - A company's earning balance reflects its profitability history and capital allocation decision . 4 -  The company has surplus funds or profits ,at its disposal, known as retained earnings . 5 - companies use retained earnings to fund expenses , reduce debt, repurchase shares or invest in new projects. 6 - Profits that the business keeps and saves over time instead of giving them out as cash or Dividend.

What is Equity in Accounting? Equity in Accounting is generally the book value of a company in its balance sheet. It refers to the owners’ share in a business when all liabilities are deducted from the company’s total assets. It is directly linked to what a business owns and what it owes.  Equity = Total Assets – Total Liabilities Equity can originate from multiple sources. It may come from the initial capital invested by owners, additional investments over time, profits of the business, or gains from issuing shares. At the same time, Equity can decrease due to losses, withdrawals, or dividend payments to shareholders.  What is Equity in Accounting? Equity in Accounting is generally the book value of a company in its balance sheet. It refers to the owners’ share in a business when all liabilities are deducted from t++++he company’s total assets. It is directly linked to what a business owns and what it owes.  Equity = Total Assets – Total Liabilities Equity can originate ...

                                          5 Element Accounting                               ......................................... Assist .. An asset is something you own, that adds financial value or helps you generate it. Assets can be physical . Cash Account receivable Inventory / stock Equipment  Investment .. liability .. A liability is anything that's borrowed from, owed to, or obligated to someone else.  Account payable Bank loan Salaries payable Taxes payable .. Rent payable  Equity .. Equity in Accounting is generally the book value of a company in its  balance sheet. Shares capital  Retain earning Owner's capital Reserves .. Equity = Assets - liability  Revenue .. Revenue is the income a business earns from selling goods or providing services...

                             DEBIT OR CREDIT ( GENERAL JOURNAL ENTRY )    Assist ..               when increase or boast its Debit .               when decrease or lower it's credit . liability ..               when increase or raise it's Credit .               when Decrease or lower it's Debit . Equity ..               when increase or raise it's Credit .             when Decrease or lower it's Debit . Revenue ..                 when increase or raise it's Credit .              when Decrease or lower it's Debit . Expenses ..       ...