In a Corporation, the Capital Resulting from the Retention of Earnings

question 65

Multiple Choice

In a corporation, the capital resulting from the retention of earnings is entered in the

• A) cash account.
• B) retained earnings account.
• C) paid-in capital account.
• D) income summary account.

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Definitions:

Main Effect

The direct impact of an independent variable on a dependent variable, disregarding the effects of or interactions with other variables.

Interaction Effect

In experimental design, the effect on the dependent variable that occurs from the combined influence of two or more independent variables.

Factorial Research Design

An experimental design technique that involves studying the effects of two or more factors by changing them simultaneously to observe their interactions on dependent variables.

Independent Variables

Factors that are manipulated or varied in an experiment to observe their effect on dependent variables.