Retained earnings is A closed at the end of each accounting period. B. always equal to the amount of cash that the corporation has generated from operations. C. a part of the stockhoiders' claim on the total assets of the corporation. D. a part of the paid-in capital of the corporation. QUESTION 4 If no-par stock is isssed withou a staled value, then A. the corporation is automatically in violation of its stale charler. 8. the entire proceeds are recorded in the Common Stock account C. the par value is automatically $1 per share. D. there is no legal capial