Retained Capital

For an accrual adjusted statement of financial position (or balance sheet), with capital assets recorded at depreciated historical cost/base value, it is the balance of net income and contributed capital accumulated since the beginning of the business less any losses or owner withdrawals over that same period of time. A term generally used for an unincorporated business (proprietorship, partnership, limited liability company) but which is also sometimes used for an incorporated business which has records that are inadequate to differentiate income/losses from contributed capital. Will typically have a credit balance. A deficit (simply called retained deficit is unusual, but not impossible.)

Authorization Path: 2.2.5.2.43.1