When Using the Trial Balance Worksheet to Prepare the Statement

question 3

Multiple Choice

When using the trial balance worksheet to prepare the statement of retained earnings,what information is used from the trial balance worksheet?

• A)net income or net loss
• B)revenues and expenses
• C)beginning balance of retained earnings and dividends
• D)cash balance

---

Definitions:

Parasympathetic

The part of the autonomic nervous system responsible for relaxation and conservation of energy.

Sympathetic

Part of the autonomic nervous system that prepares the body for action in challenging or threatening situations.

Parasympathetic

Part of the autonomic nervous system responsible for the body's rest and digest response, counteracting the fight or flight system.

Aroused

A state of heightened physiological and psychological activity, including alertness and emotional engagement.