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Which of the statements below is true regarding the statement of retained earnings? Multiple choice question. Only the ending retained earnings balance is reported on

Which of the statements below is true regarding the statement of retained earnings?

Multiple choice question.

Only the ending retained earnings balance is reported on the statement.

Both the beginning and ending retained earnings balances are reported on the statement.

Only the beginning retained earnings balance is reported on the statement.

Ending total assets is reported on the statement.

Total expenses are reported on the statement.

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