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    Financial and Managerial Accounting
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    Exam 4: Completing the Accounting Cycle
  5. Question
    What Is the Result If the Amount of Net Income
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What Is the Result If the Amount of Net Income

Question 170

Question 170

Multiple Choice

What is the result if the amount of net income for the year is less than the amount of the Dividends?


A) Retained Earnings increases
B) Cash balance decreases
C) Cash balance increases
D) Retained Earnings decreases

Correct Answer:

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