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    Financial Accounting Tools Study Set 4
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    Exam 1: Introduction to Financial Statements
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    The Financial Statement That Summarizes the Changes in Retained Earnings
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The Financial Statement That Summarizes the Changes in Retained Earnings

Question 130

Question 130

Multiple Choice

The financial statement that summarizes the changes in retained earnings for a specific period of time is the


A) balance sheet.
B) income statement.
C) statement of cash flows.
D) retained earnings statement.

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