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To calculate the year-end retained earnings balance a. net income is added to the beginning retained earnings balance. b. net income is deducted from the

To calculate the year-end retained earnings balance a. net income is added to the beginning retained earnings balance. b. net income is deducted from the year-end retained earnings balance. c. net income is not used in the calculation. d. net income is deducted from the beginning retained earnings balance

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