--%>

Accumulated E&P (earnings and profits)

 

The sum of all the current E&P amounts from last years, less all dividends distributed. The accumulated E&P amount represents all undistributed E&P. Any dividends that are in excess of accumulated E&P are a return of capital. E&P can be negative only from operating losses, not from paying out liquidating dividends. Additive E&P is similar to the balance sheet account retained earnings, but accumulated adjustments account 18 calculated differently and based on taxable income. While  earnings is equal to total income from all income statements less all dividends paid over time, accumulated E&P is the sum of all taxable revenue from the tax returns less all taxes paid and all dividends paid 

 

   Related Questions in Financial Accounting

  • Q : Spiritual Health Spiritual Health : The

    Spiritual Health: The relations with their superiors and peers are good. They work for a cause for the society and therefore they are able to draw contentment. This at times work against health to create compassion stress when employees are not able t

  • Q : Elder Abuse Explain the term Elder

    Explain the term Elder Abuse in brief ?

  • Q : Advantages for giving Cash Discount

    What are various advantages for giving Cash Discount?

  • Q : Measures to avoid financial crisis In

    In integrated world financial market, financial crisis in country is rapidly transmitted to the other countries, resulting in the global crisis. State some of the measures would you propose in order to avoid the recurrence of the Asia-type crisis.

  • Q : Economic exposure How economic exposure

    How economic exposure can be defined in order to exchange the risk?

  • Q : Depriciation techniques What are the

    What are the merits and demerits of the techniques shown below of depreciation? • Straight line process • Reducing balance process• Revaluation process • Usage process &b

  • Q : Accounting Acquisition Entry and

    Acquisition Entry and Consolidation Working Paper On January 31, 2014, Phoenix, Inc. acquired all of the outstanding common stock of Spark Corporation for $400 million cash plus 25 million shares of Phoenix' $10 par value common stock having a market value of $90 per share. Registration fees were $

  • Q : Prepare the balance sheet At the end of

    At the end of March, 2006 the balances in the various accounts of TTTTT & Company are as follows: Rs. in million Accounts Balance Equity capital 120 Preference capital 30 Fixed assets (net) 217 Reserves and surplus 200 Cash

  • Q : Report on Digital Marketing Strategy

    Working individually you are required to produce a 2000 word report based on promoting the website you developed. (Your main objective is to increase the volume of traffic to your website).You should justify the best digital communication tools and criticall

  • Q : Capital budgeting analysis State some

    State some of the problems which may enter into capital budgeting analysis in case project debt is computed rather than borrowing capacity made by the project?