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    Financial Accounting
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    Exam 3: The Basics of Record Keeping and Financial Statement Preparation: Income Statement
  5. Question
    The Beginning Balance of the Shareholders' Equity Account Retained Earnings
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The Beginning Balance of the Shareholders' Equity Account Retained Earnings

Question 109

Question 109

True/False

The beginning balance of the shareholders' equity account Retained Earnings plus net income from the income statement less dividends equals the ending balance of Retained Earnings.

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