Which One of the Following Equations Represents the Statement of Retained

question 94

Multiple Choice

Which one of the following equations represents the Statement of Retained Earnings activity?

• A)Beginning retained earnings + net income + dividends = ending retained earnings
• B)Beginning retained earnings + cash inflows − cash outflows = ending retained earnings
• C)Beginning retained earnings + dividends − net income = ending retained earnings
• D)Beginning retained earnings + net income − dividends = ending retained earnings

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