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The Balance in the Retained Earnings Account Is Affected By

Question 6

Multiple Choice

The balance in the retained earnings account is affected by:
I. Issued share capital
II. Dividends paid or provided for
III. Transfers to or from other reserve accounts
IV. Changes in accounting policies and errors


A) II and III only.
B) I, II, III and IV.
C) I, II and III only.
D) II, III and IV only.

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