Mark for follow up Question 20 of 30. The profits of an S corporation that are not distributed to the shareholders are referred to as what? Accounts payable. Capital stock. Additional paid-in capital. Retained earnings. Mark for follow up Question 21 of 30. An S corporation using the cash method of accounting will NOT have which of the following items on its Depreciation. Accounts receivable/payable. Bad debts. Retained earnings. Mark for follow up