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Question 31 2 pts Retained earnings is shown in the stockholders' equity section of the balance sheet as: O the last item before the total

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Question 31 2 pts Retained earnings is shown in the stockholders' equity section of the balance sheet as: O the last item before the total of stockholders' equity, even when treasury stock is present O a deduction from paid-in capital. All of the above answers are correct. O the major item following paid-in capital, Question 32 2 pts The correction in 2018 of the failure to record rent expense for 2017 would be reported as a prior period adjustment in 2018. True False

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