The statement of retained earnings: a.Includes prior period adjustments, cash dividends, and stock dividends. b.Indicates the amount
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Question:
The statement of retained earnings:
a.Includes prior period adjustments, cash dividends, and stock dividends.
b.Indicates the amount of cash available for the payment of dividends.
c.Is not a required financial statement, but the information included in the statement is required to be disclosed in some manner.
d.Shows revenue expenses and dividends for the accounting period.
What is the answer and why?
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