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which of the following changes in retained earnings during a period will be reported in the financing activities section of the statement of cash flows?
which of the following changes in retained earnings during a period will be reported in the financing activities section of the statement of cash flows?
- Declaration and payment of a cash dividend during the period.
- Net income for the period.
a. Both 1 and 2.
b. Neither 1 or 2.
c. 1.
d. 2.
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
