UNDISTRIBUTED EARNINGS Definition

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UNDISTRIBUTED EARNINGS see RETAINED EARNINGS.

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DUN is when you importune (beg or are insistent upon) a debtor for payment: a dunning letter.

ADJUSTING ENTRIES are special accounting entries that must be made when you close the books at the end of an accounting period. Adjusting entries are necessary to update your accounts for items that are not recorded in your daily transactions.

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