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An accounting entry making a transfer from the retained earnings account to a general reserve account decreases the total shareholder's equity of the company. -True
An accounting entry making a transfer from the retained earnings account to a general reserve account decreases the total shareholder's equity of the company.
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Cambridge IGCSE And O Level Accounting Coursebook
Authors: Catherine Coucom
2nd Edition
1316502775, 978-1316502778
