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Harrison Harrison
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6 years ago
How do revenues for a period relate to the beginning and ending balances in retained earnings?
A) Revenues will increase the beginning balance of retained earnings for the period.
B) Revenues will decrease the beginning balance of retained earnings for the period.
C) Revenues less expenses will either increase or decrease the beginning balance of retained earnings for the period.
D) Revenues less expenses will either increase or decrease the ending balance of retained earnings for the period.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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TheSinTheSin
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6 years ago
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Harrison Author
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6 years ago
Thanks
kaytee23
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Yesterday
this is exactly what I needed
bkrandy
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2 hours ago
Thank you, thank you, thank you!
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