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    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 4: The Balance Sheet and the Statement of Shareholders Equity
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    A Negative Balance for Retained Earnings Due to Cumulative Net
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A Negative Balance for Retained Earnings Due to Cumulative Net

Question 96

Question 96

Multiple Choice

A negative balance for retained earnings due to cumulative net losses is called an)


A) deficit.
B) retained loss.
C) retained debit.
D) other comprehensive loss.

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