A Retained Earnings Account Would Be Found in Which Type

question 41

Multiple Choice

A retained earnings account would be found in which type of entity's financial statements?

• A) Sole Trader.
• B) Partnership.
• C) Company.
• D) All of the above.

---

Definitions:

Hepatic Vein

A vein that drains blood from the liver into the inferior vena cava, helping in the regulation of blood pressure in the liver.

Radial Vein

The radial vein is a blood vessel in the forearm that drains blood from the lateral aspects of the hand and arm, ultimately returning it to the heart.

Internal Iliac Vein

A major vein that drains blood from the pelvis and lower abdominal wall into the common iliac vein.

Common Iliac Vein

A large vein that forms from the union of the internal and external iliac veins and returns blood to the heart from the lower limbs.