Multiple Choice
Which of the following items has no effect on retained earnings?
A) expenses
B) dividends declared
C) revenues
D) hiring a new employee
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: Evidence that would not help with determining
Q58: In the first month of operations, the
Q60: Which account below is not a subdivision
Q62: The purchase of an asset for cash<br>A)
Q63: The right side of an account is<br>A)
Q64: An individual accounting record of increases and
Q66: For the basic accounting equation to stay
Q72: Entering transactions into the journal is called
Q78: Revenues are a subdivision of shareholders' equity.
Q108: The normal balance of the Dividends Declared