Which of the Following Would Require a Debit to the Retained

question 102

Multiple Choice

Which of the following would require a debit to the Retained Earnings account for a corporation?

• A) The initial investment of stockholders
• B) Net income of the period
• C) Net loss of the period
• D) Contributions by new stockholders

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Definitions:

Alternative

A different or substitute option, course of action, or solution that is available or may be considered.

Readers

Individuals who read or interpret written material, such as books, articles, or digital content.

Decide

To make a choice or conclusion from among several options or pieces of information.

Memo

A written message, typically in a business context, used for internal communication among employees or departments.