When Preparing the Financial Statements from a Spreadsheet That Shows

Multiple Choice

When preparing the financial statements from a spreadsheet that shows the results of a transaction analysis:

A) a statement of retained earnings is not required.
B) the balance sheet reports the beginning balance of retained earnings.
C) assets,liabilities,and stockholders' equity are reported on the balance sheet.
D) revenues,expenses,and dividends are reported on the income statement.