Examlex
Which of the following is not one of the rules of normalization?
Retained Earnings
Represents the cumulative amount of net income that a company has not distributed to its shareholders as dividends but retained for reinvestment in the business.
Goodwill
An intangible asset representing the value of a company's brand name, reputation, and customer relationships, acquired during a business combination.
Issued Capital
The total value of the shares that have been issued by a company and are held by shareholders, representing the initial capital paid into the business.
Retained Earnings
This is the amount of net income left after a company has paid out dividends to its shareholders, typically reinvested in the business or held as a reserve.
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