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When completing the spreadsheet to prepare the statement of cash flows, an increase in retained earnings due to net income would require an entry in
When completing the spreadsheet to prepare the statement of cash flows, an increase in retained earnings due to net income would require an entry in the Transactions columns involving a
a debit to Financing ActivitiesNet Income.
b debit to Retained Earnings.
c credit to Operating ActivitiesNet Income.
d debit to Operating ActivitiesNet Income.
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
10th edition
978-1119298229, 1119298229, 978-1119305828, 1119305829, 978-1119305736
