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When preparing a budgeted balance sheet, retained earnings is determined by: Select one: a. Opening retained earnings + Net income/loss b. Opening retained earnings +
When preparing a budgeted balance sheet, retained earnings is determined by:
Select one:
a. Opening retained earnings + Net income/loss
b. Opening retained earnings + Net income/loss - ending retained earnings
c. Opening net sales + Net income/loss
d. The cash budget
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