Which One of the Following Equations Represents Retained Earnings Activity

question 85

Multiple Choice

Which one of the following equations represents retained earnings activity for a year?

• A)Beginning balance + expenses - dividends = ending balance.
• B)Beginning balance + cash receipts - cash payments = ending balance.
• C)Beginning balance + dividends - net income = ending balance.
• D)Beginning balance + net income - dividends = ending balance.