Question: Please answer the question, no explanation needed. D. $260,000 10. During the year 2017 Sandy owned 100% of Little Company. During 2017, Little Company incurred

Please answer the question, no explanation needed.

D. $260,000 10. During the year 2017 Sandy owned 100% of Little Company. During 2017, Little Company incurred $100,000 in advertising expenses. What effect (if any) do these expenses have on the consolidated retained earnings balance on Sandy's consolidated balance sheet? A. no effect on consolidated retained earnings. B. increases consolidated retained earnings. C. decreases consolidated retained earnings. D. increases land lidated balance sheet, refers to the

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