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Which of the Following Transactions Would NOT Result in an Increase

Question 45

Multiple Choice

Which of the following transactions would NOT result in an increase to retained earnings?


A) correction of an error in which expenses were overstated in a previous year
B) issuance of a 3-for-1 stock split
C) reacquisition of shares for less than the original issue price
D) earning of net income for the period

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