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Accountıng Iı
Accountıng Iı Deneme Sınavı
Accountıng Iı Deneme Sınavı Sorusu #1074122
Accountıng Iı Deneme Sınavı Sorusu #1074122
Which of the following is the equation of retained earnings account’s credit balance?
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Lifetime earnings + lifetime losses + lifetime dividends |
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Lifetime earnings - lifetime losses + lifetime dividends |
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Lifetime earnings + lifetime losses - lifetime dividends |
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Lifetime earnings - lifetime losses - lifetime dividends |
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Lifetime losses - lifetime earnings + lifetime dividends |
Yanıt Açıklaması:
Retained earnings account’s credit balance indicates that the corporation’s lifetime earnings exceed lifetime losses and dividends
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