Retained Earnings at the end of a period:

Select one:

a. Is equal to Retained Earnings at the beginning of the period, minus net income (or plus net loss) for the period.

b. Is equal to the balance in the Retained Earnings account in the adjusted trial balance at the end of a period.

c. Is determined in the Statement of Retained Earnings.

d. Appears in the Income Statement for the period.