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Home Q & A Board Other Fields Homework Help Business Accounting
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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
Authors:
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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
You make an excellent tutor!
patyfeitosa
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Yesterday
Good timing, thanks!
lubennick
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2 hours ago
this is exactly what I needed
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