The amount of Retained Earnings shows the amount of capital generated by operating activities. It is not

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The amount of Retained Earnings shows the amount of capital generated by operating activities. It is not cash. Cash is an asset.

On Decem ber 31, 2012, the amount of Cash was $ .

The amount of Retained Earnings was $ ____________ .

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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