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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
A deficit occurs when a company has reoccurring losses and/or declares dividends in excess of retained earnings.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
wrote...
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Posts: 1272
7 years ago
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H3Ko Author
wrote...
7 years ago
I just realized you had posted this! Thanks so much
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