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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
The statement of retained earnings informs users about how much of the earnings were kept and reinvested in the company.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 234 times
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Answer verified by a subject expert
Mrgo-breedMrgo-breed
wrote...
Top Poster
Posts: 2227
7 years ago
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H3Ko Author
wrote...
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
wrote...
7 years ago
I'm liking this Slight Smile
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