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    Financial and Managerial Accounting Study Set 4
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    Exam 2: Analyzing Transactions
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    Which of the Following Will Increase Retained Earnings
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Which of the Following Will Increase Retained Earnings

Question 30

Question 30

Multiple Choice

Which of the following will increase retained earnings?


A) Expenses > revenues.
B) Dividends are declared and paid.
C) Revenues > expenses.
D) Cash is received from customers on account.

Correct Answer:

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