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Which of the following would immediately cause a change in a corporation's retained earnings? A . Net income or net loss and declaration of dividends.
Which of the following would immediately cause a change in a corporation's
retained earnings?
A Net income or net loss and declaration of dividends.
B Declaration of dividends and issuance of common stock to new stockholders.
C Net income and issuance of stock to new stockholders.
D Declaration of dividends and purchase of new machinery.
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