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A company's retained earnings account is immediately increased when ________________. Select one: a. the company ships products to customers, on account b. the company distributes

A company's retained earnings account is immediately increased when ________________. Select one:

a. the company ships products to customers, on account

b. the company distributes dividends

c. the company receives payment from customers for services performed in a prior period

d. owners contribute cash in return for more stock

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