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Which of the following transactions will affect the balance of Retained Earnings?
Month-end Bank Statement
A document issued by a bank summarizing the transactions in an account for the month, including the final balance.
Erroneously Charged
Incorrectly billed or wrongly demanded payment due to mistake or oversight.
Remittance Advice
A document sent by a customer to a seller, indicating that an invoice has been paid.
Running Cash Balance
The current amount of cash available in an account, changing with each transaction.
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