A Statement of Retained Earnings Shows

question 98

Multiple Choice

A statement of retained earnings shows:

• A)The changes in the Cash account occurring during the accounting period.
• B)The revenue,expense,and dividends of the period.
• C)The types of assets which have been purchased with the earnings retained during the accounting period.
• D)The changes in the Retained Earnings account occurring during the accounting period.

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Definitions:

Required

Necessary or needed for a particular purpose or result.

Catalysts

Substances that increase the rate of a chemical reaction without being consumed in the process.

Induced Fit

Conformational change in the active site of an enzyme that occurs when it binds to its substrate.

Enzyme's Shape

Refers to the three-dimensional structure of an enzyme, which is crucial for its ability to catalyze specific biochemical reactions.