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A deficit balance in Retained Earnings is represented by __________. A. a credit balance in Retained Earnings B. a positive balance in Retained Earnings C.

A deficit balance in Retained Earnings is represented by __________.

A. a credit balance in Retained Earnings

B. a positive balance in Retained Earnings

C. a debit balance in Retained Earnings

D. dividends declared being less than net income

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