Question: ( a ) Assets = Liabilities + Capital Stock + Retained Earnings Balance Sheet ( b ) Revenues - Expenses = Net Income Income Statement

(a) Assets =
Liabilities
+ Capital Stock + Retained Earnings
Balance Sheet
(b)
Revenues
- Expenses = Net Income
Income Statement
(c)
Retained Earnings (beginning balance)
+ Net Income - Dividends = Retained Earnings (ending balance)

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