A Debit Balance in Retained Earnings Is Called a

question 113

Multiple Choice

A debit balance in retained earnings is called a

• A)loss.
• B)capital surplus.
• C)deficit.
• D)contributed capital.

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Definitions:

Business Contacts

Individuals or entities involved in one's professional network, potentially offering opportunities for partnerships, sales, or networking.

Expendable

Describes items or resources considered non-essential and can be used up or sacrificed without significant loss.

Marketable

Capable of being sold or desirable to consumers or other businesses; having qualities that make something appealing to potential buyers.

Combination Résumé

A type of résumé that merges elements of chronological and functional résumés, highlighting both the applicant's skills and work history.