a. How can the business have more cash than retained earnings? The cash balance takes into...

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a. How can the business have more cash than retained earnings? The cash balance takes into consideration all amounts received from all sources, including cash received from the issuance of shares. Share issuances go into the Common Shares account, which has nothing to do with Retained Earnings. Retained Earnin on the other hand, holds the amounts of the revenues and the expenses, which may be received or paid in cash. Therefore, there is no relationship between cash and retained earnings. b. How much in total resources the business has, how much it owes, and what G business. may be in the assets of the What is the business's total resources? 58360 What is the business's total liabilities? 2470 may or may not be may not be a. How can the business have more cash than retained earnings? The cash balance takes into consideration all amounts received from all sources, including cash received from the issuance of shares. Share issuances go into the Common Shares account, which has nothing to do with Retained Earnings. Retained Earnin on the other hand, holds the amounts of the revenues and the expenses, which may be received or paid in cash. Therefore, there is no relationship between cash and retained earnings. b. How much in total resources the business has, how much it owes, and what G business. may be in the assets of the What is the business's total resources? 58360 What is the business's total liabilities? 2470 may or may not be may not be