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    Financial Accounting Study Set 29
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    Exam 11: The Income Statement and the Statement of Stockholders Equity
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    Which of the Following Transactions Affect Retained Earnings
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Which of the Following Transactions Affect Retained Earnings

Question 7

Question 7

Multiple Choice

Which of the following transactions affect Retained Earnings?


A) Declare cash dividend
B) Earn net income
C) Issue stock divided
D) All of the above transactions

Correct Answer:

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