The change in retained earnings is affected by which of the following? (a) Net income and common

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The change in retained earnings is affected by which of the following?

(a) Net income and common stock.

(b) Net income and paid-in capital.

(c) Net income and payment of dividends.

(d) Payment of dividends and common stock.

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Understanding Financial Statements

ISBN: 9781292101552

11th Global Edition

Authors: Lyn Fraser, Aileen M. Ormiston

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