39) The statement of retained earnings: A) Reports changes in equity due to net income, net losses and dividends. B) Reports on amounts for assets. liabilities, and equity at a point in time. C) Reports on cash flows for operating, financing, and investing activities at a point in time. D) Reports on cash flows for operating, financing, and investing activities over a period of time. E) Reports changes in equity due to stockholder investments. 40) 40) A general journal provides a place for recording all of the following except: A) The amount of each debit and credit. B) The balance in each account C) The transaction date. D) The names of the accounts involved. E) An explanation of the transaction