Retained earnings arise from gains and losses whereas reserves are simply internal transfers. True or false? Explain
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Retained earnings arise from gains and losses whereas reserves are simply internal transfers. True or false? Explain your answer.
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Related Book For
Financial Reporting
ISBN: 9780730396413
4th Edition
Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes
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