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Which of the following statement is False for Retaining earnings of the commany? a. It is created out of revenue profits which are earned out

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Which of the following statement is False for Retaining earnings of the commany? a. It is created out of revenue profits which are earned out of operating activities b. It can be used to replace the noncurrent assets in the business O c. It is the profits that are retained in the business d. It cannot be used to pay bonus to the shareholders

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