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Which of the following statements are correct regarding how the financial statements are linked? (Check all that apply.) a. The ending balance in the retained

Which of the following statements are correct regarding how the financial statements are linked? (Check all that apply.)

a. The ending balance in the retained earnings account is carried to the income statement.

b. Total assets from the balance sheet is carried to the statement of retained earnings.

c. Net Income from the income statement is carried to the statement of retained earnings.

d. The ending balance in the retained earnings account is carried to the balance sheet.

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