true or false

d. shares of stock owned by unknown individuals. 21. The balance of the Retained Earnings account represents a. profits of a company since the date of its beginning less any losses, and dividends to stockholders. b. an excess of revenues over expenses for the most current operating period. c. cash set aside for specific future uses. d. cash available for daily operations. 22. Which of the following costs would not be included in the cost of