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  3. Study Set
    Financial Accounting Study Set 5
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    Exam 2: Analyzing Business Transactions
  5. Question
    Which of the Following Transactions Affects Retained Earnings
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Which of the Following Transactions Affects Retained Earnings

Question 47

Question 47

Multiple Choice

Which of the following transactions affects retained earnings?


A) Declaration and payment of dividends
B) Prepayment of rent
C) Investments by stockholders
D) Obtaining a new loan

Correct Answer:

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