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

Verified
Correct Answer:
Verified
Related Questions
Q14: Expenses incurred, but not yet paid, create
Q23: With respect to shareholders' equity,indicate which one
Q24: Which of the following businesses would most
Q30: The sale of merchandise for cash usually
Q31: If Global Company paid $500 for the
Q37: The periodicity assumption is the basis for
Q52: The division of business activities into a
Q72: Income tax expense will appear on the
Q91: Expenses are recognized when an exchange takes
Q101: According to the periodicity assumption, to measure