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Which of the following statements about the statement of retained earnings is false? A. It covers the same time period as the income statement and

Which of the following statements about the statement of retained earnings is false?

A. It covers the same time period as the income statement and provides a link between the income statement and the balance

sheet.

B. It need not be prepared if a separate statement of stockholders' equity is prepared.

C. It shows whether a corporation has sufficient funds to pay a cash dividend.

explain

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