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    Principles of Financial Accounting Study Set 1
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    Exam 13: Introduction to Corporations
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    Retained Earnings
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Retained Earnings

Question 25

Question 25

Multiple Choice

Retained earnings


A) is unique to the corporate form of business.
B) is an optional account in the partnership form of business.
C) reflects cash paid in by shareholders to date.
D) is closed at the end of the year.

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