Business, 25.11.2019 23:31 jeff7259

Retained earnings
a. is the cumulative total of net income plus dividends.
b. cannot have a debit balance.
c. over time will have a direct relationship with the amount of cash on hand if the corporation is profitable.
d. is the cumulative total of net income, minus net losses, and minus dividends.

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Retained earnings
a. is the cumulative total of net income plus dividends.
b. cannot h...

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