Retained earnings a. over time will have a direct relationship with the amount of cash on hand if the corporation is profitable. b. cannot have a debit balance. c. is the cumulative total of net income plus dividends. d. is the cumulative total of net income, minus net losses, and minus dividends.
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Retained earnings a. over time will have a direct relationship with the amount of cash on hand if the corporation is profitable. b. cannot ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Retained earnings a. over time will have a direct relationship with the amount of cash on hand if the corporation is profitable. b. cannot have a debit balance. c. is the cumulative total of net income plus dividends. d.