The Cumulative Net Income and Loss Not Distributed as Dividends

question 90

Short Answer

The cumulative net income and loss not distributed as dividends to a corporation's shareholders is called ________.

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Definitions:

Mental Fault

A legal concept referring to the wrongful state of mind behind an act, often relating to intent or recklessness.

Arraignment

A court proceeding in which a criminal defendant is formally charged with an offense and asked to enter a plea.

Dwelling House

A residential structure where people live, generally referred to as a home.

Felony

A serious crime, typically involving violence, and usually punishable by imprisonment for more than one year or by death.