Which One of the Following Equations Represents Retained Earnings Activity

question 123

Multiple Choice

Which one of the following equations represents retained earnings activity?

• A)Beginning Balance + Net Income + Dividends = Profits for the Year
• B)Beginning Balance + Cash Inflows - Cash Outflows = Ending Balance
• C)Beginning Balance + Dividends - Net Income = Ending Balance
• D)Beginning Balance + Net Income - Dividends = Ending Balance

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