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5. When preparing the Statement of Financial Position, companies show any Retained Earnings as: * (2 Points) A reduction in equity None of the above

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5. When preparing the Statement of Financial Position, companies show any "Retained Earnings" as: * (2 Points) A reduction in equity None of the above Accumulated net income that has not been distributed A portion of the equity of subsidiaries not owned by the reporting company The excess of amounts paid-in over the par value

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