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The retained earnings statement shows a. net income, dividends, and beginning and ending retained earnings b. total assets and beginning and ending retained earnings c.

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The retained earnings statement shows a. net income, dividends, and beginning and ending retained earnings b. total assets and beginning and ending retained earnings c. net income and ending retained earnings c. net income and ending retained earnings only d. the changes in all stockholders' equity accounts during the period When comparing a business to a service business, the financial statement that changes the least is the a. balance sheet b. income statement c. retained earnings statement d. statement of cash flows Using the following information, what is the amount of cost of merchandise sold? a. $26, 500 b. $20, 530 c. $30, 210 d. $25, Using the following information, what is the amount of merchandise available for sale? a. $35, 540 b. $36, 580 c. $37, 700 d. $34, 500 The retained earnings statement shows a. net income, dividends, and beginning and ending retained earnings b. total assets and beginning and ending retained earnings c. net income and ending retained earnings c. net income and ending retained earnings only d. the changes in all stockholders' equity accounts during the period When comparing a business to a service business, the financial statement that changes the least is the a. balance sheet b. income statement c. retained earnings statement d. statement of cash flows Using the following information, what is the amount of cost of merchandise sold? a. $26, 500 b. $20, 530 c. $30, 210 d. $25, Using the following information, what is the amount of merchandise available for sale? a. $35, 540 b. $36, 580 c. $37, 700 d. $34, 500

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