Adjusting entries are Question 39 options: the same as correcting entries rarely needed in large companies needed to bring accounts up to date and match revenue and expense optional under generally accepted accounting principlesThe year-end balance of Retained Earnings appears in Question 40 options: both the statement of stockholders equity and the balance sheet both the statement of stockholders equity and the statement of cash flows only the statement of stockholders equity both the statement of stockholders equity and the income statement